This is the second in what will be a long running series of Gold Coast Wealth Management’s commentary on the financial markets. These commentaries will not have a formal schedule and will be written when events or market related topics strike us as important. Today’s commentary concerns what we view as an inflection point for the financial markets.
When playing golf, by rule the person furthest from hole shoots first. When you are on the green there are times where this leads to a distinct advantage. That occurs when your fellow golfer has a very similar shot but is just a bit further away. In these circumstances you can watch how the ball rolls and garner much information on how to line up your own putt. In golfer parlance you ‘go to school’ on their putt. We are horrible putters at Gold Coast, but our percentage increases dramatically on those rare occasions when we are allowed to go to school on our playing partner’s putt.
