Fun fact of the day: Going back to 1953 and President Eisenhower, the Dow Jones Industrial Average has averaged +2.68% during the first 100 days of a NEW President. President Obama’s first 100 days saw a +2.76% rise in the Dow, and President Bush’s first 100 days saw a +1.39% rise in the Dow. Not something to hang your hat on, and we’ll have to see what happens with President Trump, but just a fun fact nonetheless. (Numbers courtesy of our friends at Dorsey Wright & Associates)
Here’s what I’ve been reading this morning:
‘How To Read Financial News Headlines’ – Ben Carlson – A Wealth Of Common Sense
‘Chasers Gonna Chase’ – Michael Batnick – The Irrelevant Investor
’50 Phrases To Run From’ – Josh Brown – The Reformed Broker
‘Cash Cows of the Dow’ – Meb Faber – Meb Faber Research
‘Raising Money-Smart Kids’ – Sam X Renick – Humble Dollar
ENJOY!
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