People tend to have short memories and that can become
problematic when it comes to investing. Having no recollection at all can
be even worse. Wall Street’s newcomers have benefited from an extremely
accommodative introduction to their careers and the resulting false bravado
will likely lead them to underestimate the pitfalls that arise in during
tightening cycles. Investors should choose carefully when seeking advice
and allocating their capital. If we ignore history we are doomed to
repeat it.
See the below link for an interesting Bloomberg article and clip:
What Will Happen to a Generation of Wall Street Traders Who Have Never Seen a Rate Hike?
Tradex Global Advisory Services, LLC
investorrelations@thetradexgroup.com
203-863-1500
@Tradex_Global
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