Market/Economy

Vaccine News!

Vaccine News Propelling Markets! The popular consensus is that former Vice-President Biden is the president-elect and the republicans will hold the Senate leaving a split congress.  Most market forecasters believe this is a perfect cocktail for more stock market gains. Now, both Pfizer and Moderna have vaccines that look to be over 90% effective.  The […]

Our Economic Reality…

Markets Take It on the Chin Not too many places to hide last week as stocks and bonds lost value.  All US Stock Market Indexes fell over 5%, as did International Stocks. Our 10 Year US Treasury finished the week with the yield rising to .86%, the highest since June. Is the reason the upcoming […]

Markets Bumpy…, Can’t Imagine Why?

I’ve been asked frequently over the last few weeks, what am I mostly concerned about for the markets? In the short run, a contested election, combined with a significant spike in Covid-19 cases in the US and abroad. We are certainly now witnessing an increase in new cases, as was expected. With the election, I […]

Election = Exhausting!

I don’t know how you feel, however I’m looking forward to this election being over.  Hopefully shortly after November 3rd!! The markets don’t appear to care about the election for now, as the focus remains on stimulus.  It doesn’t matter whether before or after the election, as long as it is passed, and it’s large.  […]

Show us the Money!

So much speculation about what happens to the stock markets if we have a “blue” sweep, meaning Biden wins, and the Democrats take over the Senate and keep the majority in the house. It was first reported that the increased tax plans that Biden has released would slow economic growth and cause a significant stock […]

Tuesday’s Boxing Match!

Tuesday September 29th @ 9:00PM, many of us will be glued to the television for our Presidential Boxing Match Debate.  Will we find out anything new? Will it move the polls? One thing is for sure, the media will have more material to spin for a few weeks.  Will it be an Ali v. Frazier, a […]

The Markets/Fed/Economic Recovery

There’s enough going on to make your head spin!  The passing of Supreme Court Justice Ginsberg, TikTok, continuing Covid-19 issues, the economic recovery, stimulus battle, Federal Reserve alteration, the election, and of course politics!!!!  Certainly, enough to increase market volatility! First and foremost, we should honor the life of Supreme Court Justice Ruth Bader Ginsberg.  […]

Stocks – Orderly Pull Back!

The S&P 500 reached a new all-time high, 3588, the Nasdaq Composite did the same, reaching 12,074, both on September 2, 2020.  From there, these major stock indexes have pulled back in what I consider, an orderly fashion.  No panic for now, just the realization that valuations were getting stretched, the uncertainty of additional stimulus […]

Correction, Change of Leadership, or Something else?

The market decided not to pay attention to the job reports released last week.  All major stock markets fell with no regard to the unemployment rate dropping to 8.4%, which by far exceeded expectations.  Last month, we added 1.4 million jobs. We have now recovered 22 million jobs lost because of Covid-19. For the week, […]

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