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End-of-cycle anxiety

The current economic expansion in the US is only five months away from being the longest ever recorded. And with unemployment near historic lows, and consumer and business confidence showing great strength, it is difficult to foresee an imminent derailment of the US economy. However, human minds function largely on the basis of anticipation, and … Continued

Equity home bias and the US stock market supremacy

One of the most documented behavioral anomalies that afflict investors is their preference for the domestic stock market, ignoring the benefits that a portfolio of international stocks can offer in terms of diversification. But beyond the benefits of «statistical» sort, there are factual reasons to avoid this bias. Not only does a broader investment universe … Continued

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Investment Policy - June 2019

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Mora Wealth Management Credentials

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