Observations and Perspective about Economics and Personal Finance
Friday, September 9, 2011
Because it's Tuesday
This brief article is a good example of what we call "Because it's Tuesday". That is, the explanation for short term price movements (noise) in the markets. In this piece, the writer says "investor anxiety" is the reason. Really? How do they know?
I am the Founder/CEO of J.E. Wilson Advisors, LLC in Columbia,S.C. We are the oldest S.C. based Fee-Only financial planning/wealth management firm in S.C.
I am a veteran of over 30 years in the financial services field, first with a national stock brokerage firm and since 1982 my own advisory firm.