Articles by Michael Hanson

Mike is Senior Vice President of Research and a member of Fisher Investments’ five-person Investment Policy Committee. He is the author of six books, including 20/20 Money: See the Markets Clearly, Gain Focus and Invest Better than the Pros. Mike joined the firm in 2002.

Little Market Movement Will Happen If Stimulus Passes, Investor Says

Senate Majority Leader Mitch McConnell just unveiled the Republicans' new trillion-dollar stimulus plan, calling for a reduction to the $600 unemployment boost. Mike Hanson, SVP of Research at Fisher Investments, joined Cheddar to discuss.

Read More

Reality and Expectations: Rotation Flirtation

Everyone seems to be in flirtation mode with market rotations— specifically, leadership from large and growth stocks to small and value. Even bond guru Bill Gross got in on the action recently. And that’s the problem.

Read More

Expectation And Reality: The Stock Analyst Of 2050

Thirty years from now, on some impressively super-powered computer terminal with access to data and computation we can barely fathom, a supremely confident analyst will look at the bear market of 2020, smirk, and say:

Read More

Podcast: Behavioral Finance pioneer Meir Statman on being a "Normal" Investor

A wide-ranging discussion with Professor Meir Statman. Meir is the Glenn Klimek Professor of Finance at Santa Clara University, he’s won numerous awards and accolades for his work, and his most recent book is “Behavioral Finance: The Second Generation,” published by the CFA Institute.

Read More

Podcast: Behavioral Finance pioneer Meir Statman on being a "Normal" Investor

A wide-ranging discussion with Professor Meir Statman. Meir is the Glenn Klimek Professor of Finance at Santa Clara University, he’s won numerous awards and accolades for his work, and his most recent book is “Behavioral Finance: The Second Generation,” published by the CFA Institute.

Read More

Reality and Expectations: High-Frequency Investing Mistakes

Just recently, there’s been a gluttonous grab for “high-frequency data”—mostly daily, sometimes hourly, off-the-beaten track information investors believe gives them a clue about what happens next in today’s chaotic environment. So, instead of waiting for monthly services and manufacturing PMIs to rear their ugly heads, for example, people are instead looking to OpenTable’s daily restaurant bookings for hints on the recovery.

Read More

Expectations and Reality: OMG, Did You See That Outburst on CNBC???

Things seem to be improving, but tempers aren’t. Expect more of it—and beware.

Read More

Expectations and Reality: The Economy is Not a Machine

The economy is not a machine—it’s a system. That policymakers understand the difference is crucial to whether we see a quick recovery, or something far worse.

Read More

Politicians and Coronavirus: Watch What They Do, Not What They Say

There has never, ever been a more important time to watch what politicians do, not what they say.

Read More

Stocks Close Lower as Oil Drags Market Down for Second Straight Day

Stocks closed lower on Tuesday, as the steep decline of crude oil dragged markets down for the second straight day. Michael Hanson, SVP of Research at Fisher Investments, explains how the ongoing coronavirus pandemic has caused havoc in the oil industry.

Read More