November 2022 - Sheaff Briefs

Intellectually and Emotionally, Investors Wear Different Eyeglasses

"Intellectually, we all know that, over time, the stock market goes up," says Sheaff Brock Managing Director Dave Gilreath (as well he might, looking back over no less than four decades in wealth management). In fact, a chart (shown below) of S&P 500 returns over the past 40 years shows "mostly good years mixed in with a few scary ones." Of course, few clients look at their investment account statements only once per year, Gilreath admits; a chart showing quarterly, [...]

Amidst Waves of Smart-Sounding Terminology, Keep Swimming

"When financial talking heads spew out a word salad of unusual terms, it makes them sound almost undoubtable," admits Sheaff Brock Managing Director Dave Gilreath. Next to market mavens using terms such as “quantitative tightening,” “yield-curve inversion,” “reversion-to-the-mean,” “earnings drought,” and “Fibonacci lines,” with the negativity backed up with oceans of data, it can be hard to keep the faith. But faith, Gilreath explains, is precisely what bullish investment folks rely on—faith in corporate resilience, human ingenuity, and the [...]