Is the Recent Stock Market Optimism Warranted?
Recent Stock Market Optimism Warranted? The S&P 500 finished last Friday @ 2874.56. That figure is only 15% below the S&P All-Time closing high of 3,385 – recorded only a couple of months ago on February 19th. The intra-day low hit during this period is about 2200 in March. The range so far has been […]
The Market’s Next Move? It’s A Good Time to PLAN!
Stock Market – Up or Down Next? What About Bonds? Good Time to Plan Last week most stock market indexes increased over 10%. The Dow was up 12.67%, the S&P 500 rose 12.10%, the Nasdaq Composite 10.59% and the Russell 2000 small cap index up 18.50%. The S&P 500 all-time high was 3393, reached less […]
Our New “Normal”…
Practically all of us have been impacted in one way or another over the last month. We ARE certainly in this together. Hang in there, as we WILL get through this! What is now being highly debated?: When will new cases and deaths from this virus peak then drop? Will there be a re-occurrence of […]
Economic Activity//Where’s the Bottom//Fight the Fed?
Economic Activity Forced to Slow Down So much has happened so darn quickly. Only a handful of weeks ago most people were discussing how much longer the expansion could run, and how much higher stock prices could climb. I certainly agree that stocks were moving up more than deserved. When I left my office last […]
Extreme to Extreme… What’s Next?
The stock market prior to the current situation was pricing in perfection. The thoughts were that US Businesses would again start to deploy new capital in new projects because of the Phase One Trade Deal, and with interest rates so low, what could go wrong? The stock market was moving higher and higher believing all […]
Corona-Correction?!? and Election News
As I’m writing this week’s blog, the futures market is down over 750 points on the Dow Jones Industrial Average. Over the weekend, several new cases of the Coronavirus were reported in South Korea and Italy suggesting, up to this point, we are not in control of the situation and can expect this to get […]
Job #s Strong & Markets Continue to Climb!!!
2 Million Jobs have been created over the past 12 months, according to the Bureau of Labor Statistics. Out of those 2 million jobs, 697k are workers aged 65 +, or about 36% of the total gain. The question is: why are so many age 65 +’s wanting to work?! Prior to the Mortgage Crisis […]
Markets Rebound Last Week & Employment Continues the Trend!
After a couple of weeks of weakness (because thoughts the Coronavirus would slow down the global economy), the market last week changed its mind sending equity indexes back up towards record highs! The S&P 500 rose 3.21% leaving the index now up 3.17% year-to-date. The Dow Jones rose 3.06%; the Russell 2000 2.67% and the […]
Coronavirus…US Debt now $23 Trillion… & an early Spring!
Market Pullback (Coronavirus) or Correction? I don’t know why I become amazed at the dramatization on the business/market news station I listen to and watch! Yes I certainly understand the markets pulled back last week, dropping Major Stock Indexes into negative territory for the 1st month of 2020. I guess it’s all about drama, as […]
