A League in Crisis
Unless you are living under a rock, you must know that our beloved National Football League is going through some rocky times lately. First, Ravens running back Ray Rice was caught on video brutally beating his wife, exposing a pervasive culture of domestic violence among players. Next, Tom Brady’s “Deflate Gate” scandal dominated the headlines for over a year. And now, NFL owners and players are in a major dust-up over the players’ right to demonstrate in favor of social justice while the National Anthem is playing at NFL games, prompting even Donald Trump to join the debate.
“We’ve got a fully employed economy, rising real wages. We restarted the corporate earnings cycle. We’ve got strong confidence among businesses and consumers. The kick is we can do all of this without aggravating inflation and interest rates. If that’s going to continue, I think the bull market could continue forever.”
– Jim Paulsen, Chief Investment Strategist for The Leuthold Group
In last month’s article, we focused on “Knowing a Good Time to Invest” as one of the great qualities to adopt for anyone who wants to become a great investor. This month we focus on a similar, but slightly different quality…Great Investors Understand Progress