Diversified Digest: August 22
by: R. Samuel Fraundorf
Diversified Trust’s investment team brings you headlines of note for the week. Click on the links to access the articles.
We realize there has been a great deal of political risk and the media has certainly stepped up their willingness to cover and comment on every aspect of it. But a review of the past thirty years shows that there is little to no relationship between political and market volatility. We are better to pay attention to the actions of the Federal Reserve and the impact of economic growth.
The internet has made it much easier for all of us to gather news and expand our understanding of the world. The problem is that social media has also made it much easier to create fake news and we tend to be too lazy to do our own fact checking in order to ferret it out.
While there was a tremendous amount of commentary about the email that circulated within Google that led to James Damore being fired, we haven’t heard from a very sizeable contingent workforce within Google: their robots.