Matthew Lekushoff |


It didn't take long. In less than four months since being elected president, serious talks of a presidential impeachment began to bubble up last week. Luckily for Donald Trump, both the House and Senate are in Republican hands, but if events continue to unfold the way they have been, this fact may matter less and less.

I won't go into all the details as most of the issues have been front and centre in the media. However, I would be remiss if I didn't mention the stock markets. The U.S. markets had their longest one-day loss in eight months. This, of course, led to international markets falling in tandem with them. As expected, gold had a great week, given investors' propensities to seek it during times of turbulence. Since then, markets have mostly rebounded to previous levels, however, it still feels as though investors are on guard for any new issues that could arise.

Moving forward, it would be prudent to expect the unexpected from this presidency, as  I don't think anyone really has an idea of where the chips will fall. Should the stock market's volatility increase, we will be ready to rebalance portfolios more often than usual. Should something monumental happen, we would even consider changing the asset allocation of our models to take full advantage of any opportunities that may arise, as we did when oil first fell over 60% a couple of years ago. 


The Prophet  by Kahil Gibran: A short, but classic philosophical and spiritual book of poetic essays covering topics from love and marriage to reason and passion.
What's on tonight?  By Seth Godin: A short post on the importance of making intentional decisions.
The Knowledge Project Podcast: Pedro Domingos on Artificial Intelligence :  If you are interested in artificial intelligence (AI), this podcast is for you, as it presents a wide-ranging conversation covering the various types of AI to a few thoughts on its potential and the affect it will have on individuals and our society.
11 Questions Everyone Should Ask Themselves  by Marty Nemko: Some simple but important questions that I think we should all ask ourselves every once in a while.
The Relationship Between Income and Wealth   by Visual Capitalist: Many people assume there is an almost perfect correlation between income and wealth. The more money you make, the more you are worth. According to U.S. data from 2013, that correlation is much lower than most of us would think. This conclusion is consistent with what I've seen over my career. I've found that although a strong income helps considerably, people who were disciplined savers usually end up having a higher net worth than those with higher incomes but little discipline.


In celebration of Star Wars turning 40 years old, I thought it'd be fun to cast our gaze outer space to galaxies far, far away...Here are some pretty cool images of Jupiter from Nasa's Juno probe released today.

Matthew Lekushoff

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