Patience Pays for Investing Decisions
by Jeffrey R. Kosnett
Dec 21, 2021
2 minutes
My three-day rule states that upon any news-driven market crisis, wait three business days to move money.
Anyone who spent the weekend after Thanksgiving pondering risk from Black Friday's omicron shock benefited by standing pat.
Bond markets rallied all week despite the Federal Reserve's decision to quicken the pace of winding down its extraordinaryOil prices tanked, a positive sign if you are afraid of inflation.
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