Over the years, I’ve become much more aware of the intrinsic hope that bad news will help the market. Investors are sure the FED will be there at their darkest hour, so the forward guidance and interest rate rising suggestion are not really changing their minds. ‘The Market believes the Fed will bail them out.’Continue reading “Eye-Rolling the FED.”
Category Archives: Uncategorized
We’re Back…
After an extended COVID initiated break from this blog, the current condition of the economy and financial markets make it feel prudent to resume commentary regarding the many Headlines and opinions of today’s environment. As I sit here on Sunday, I am reading Janet Yellen’s statements regarding a possible recession (No recession, just a ‘slow-down’)Continue reading “We’re Back…”
Holiday Weekend?
There is no doubt that time has just been blending together. Since going to a modified schedule in our office for social distancing, I often have no idea what day it is unless my phone or computer are near by. It wasn’t until my drive to work this morning did I become aware of theContinue reading “Holiday Weekend?”
Wish We Had Storage
Apologies about the single post this week. Our office has gone to social distancing, meaning we are all spending considerably less time in the office and work remotely from home. This has taken some getting use to since we go to great lengths to protect our client’s non public information, additional steps are required whenContinue reading “Wish We Had Storage”
No RMD in 2020
Just a quick note to all our readers. All Required Minimum Distributions (RMDs) have been waived for the year 2020. This also applies to Inherited IRA’s. You can of course take money out if you wish too, but you will not be required to at risk of penalty as in previous years. If you’d likeContinue reading “No RMD in 2020”
Paid More to Not Work?
The new Unemployment payments have begun, and they are making some workers jealous. No matter how much your unemployment benefit claim is currently, all unemployed workers will be getting a $ 600 additional weekly payment for the next 4 months. That is equivalent to $ 15 dollars an hour for a 40 hours a weekContinue reading “Paid More to Not Work?”
Am I a Buyer yet?
Long before the Coronavirus, we have been fairly obvious about our concerns with the General Stock Market pricing. Virtually all fundamentals of ‘Value’ investing were being ignored with record high prices and record low (at the time) interest rates. Savers were being punished with anemic fixed income returns, so more money poured into the stockContinue reading “Am I a Buyer yet?”
Money Money Money Money… Money
First, let me apologize for the delay between posts. Truth be told, me and my girlfriend ended up moving ourselves across town by ourselves, with no help on the packing or unpacking side. Our help cancelled on us the morning we were making the move because of the Coronavirus, so it was me and herContinue reading “Money Money Money Money… Money”
That Happened Fast
In approximately one month of trading, the US Stock Market has returned to it’s value before Donald Trump’s presidency began. 3 years and approximately 2 months of growth has been erased due to a ‘Black Swan’ event that now dominates every headline and talk radio show on right now. Very concerning of course aside fromContinue reading “That Happened Fast”
Here Comes the Stimulus.. But Can it Work?
Stimulus stimulus stimulus. But how? And where do we get the money? The FED has been very mediocre when stimulating the economy since 2008. I know that stock markets (until recently) were at record levels, unemployment was low etc. I am not saying they were unable to somewhat ‘goose’ these numbers with their policies, butContinue reading “Here Comes the Stimulus.. But Can it Work?”