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 […]
