HOT Weather & Hot News!
We certainly know we’re into the doldrums of summer. Temperatures are forecasting to pierce 100 degrees this week!! In a “normal year,” we would now be focusing on 2nd quarter corporate earnings, while looking for guidance for the remainder of the year. NOT THIS YEAR! Instead, we are waiting for the Hot New Stimulus that […]
Stocks/Income Tax Talk/4 Months Until Election Day!
Stocks, How Long of a Wait? When we look at the current major index levels of the stock market, it certainly appears all is well. If you fell asleep on December 31, 2019 and awoke on July 4th, 2020, you might say “hey, after a good year in 2019, this is just a little pullback…” […]
Markets Moving Very Fast!
What a difference 1 week can make! Prior to last week, stock markets were pricing extreme optimism, in my opinion. Last week optimism quickly retreated, at least for now, as the Dow Jones retreated (5.51%), the S&P (4.73%), and the Nasdaq Composite (2.27%). The Russell 2000 Small Cap index led the decline by falling (7.89%) […]
Market Optimism is SKY HIGH!
An amazing 2.5 Million Jobs were added back in May, according to last Friday’s ADP employment report. The crazy part is: economists estimated we’d have a LOSS of over 8 Million Jobs. Certainly, shows that no one can accurately predict the data, except those that guess correctly. A combination of Federal Reserve Monetary Support, Government […]
Employment Update & Medicare News!
So how are you feeling? We’ve been at this pandemic issue for about 3 months! So much has been reported, seen and experienced! Certainly the events over the last few days don’t add to our naturally optimistic view of the short & longer term future. I wake up every day knowing that we are one […]
How Will Things Change?!
Drug companies are working feverishly to obtain the solution to Covid-19. Certainly a huge reward to whoever is successful! Each time we hear a bit of positive drug news, the markets move higher! This morning, Novavax is the latest company to suggest they “got it,” as they begin their trial period. The market is only […]
Warm Weather Breeds Optimism! Plus the “HEROES Act”
I cannot wait until this entire issue in the rear-view mirror, however there is ONE item I’ll truly miss. For the last several weeks, driving to my office or anywhere I needed to go was wonderful from a traffic standpoint. Perhaps it’s me; however I think all of the “crazy” drivers stayed home! As the […]
Is It Time to Re-Open the Economy?!
The understandable battle of whether or not to re-open the economy, and how to do so, is divisive however warranted! Opinions are all over the place. You are hearing them all day long so I won’t be repetitive. I’ve read that well over 50% of the Counties in the United States have actual deaths from […]
What is “fair value” for the stock and bond markets?
Market Wants to Know? From a record S&P 500 high, 3393 on February 19th, to the current low, 2191.86 on March 23rd, back up to 2950 early last week, AND NOW now sitting at 2800…….. That’s enough to make your head spin! What is “fair value” for the stock and bond markets? At the end […]
