Trade war. No trade war. Trade war. Truce. Brexit is on. Brexit is off. Theresa May’s government looks to be falling apart. Wait a minute, she held on.—But now what? This just in…newly released data shows economic weakness in China is accelerating – and in Europe too. Oh my God – what happened? First things...Read More
Volatility returned to the stock market in January 2018 and it hasn’t left, nor should it be expected to leave. It’s a function of the times and conditions. It is election year, after all. So if market instability makes you nauseous then maybe it’s time to reduce your exposure to the stock market – because...Read More
Investing is more of a discipline than anything else. And while I promised myself to not make any portfolio moves until the next major correction, inspiration to make a move now arrived from a most unusual place – Colin Kaepernick. Once a diehard football fan, I drifted away when those bastards started disrespecting my flag...Read More
Ever since Trump took the reins of the stock market it has exuded many of the qualities of the man himself – bold, optimistic, arrogant, and erratic. And now another adjective can be added – resilient. While it has taken longer than a blink of an eye almost every major stock market index has regained its January...Read More
Certain things are taboo in politics, like members of the same Party criticizing one another; unless, of course, they are engaged in an electoral primary. Other actions are not only forbidden but also never seen, like a sitting president criticizing a cabinet member or senior administration official. And then came Trump. Trump is no politician...Read More
It was recently announced that the last remaining original member of the Dow Jones Industrial Average, General Electric (GE), would finally be eliminated from the iconic stock market index. It’s about time. Market junkies like me have been calling for a Dow makeover for years. In fact, WHAT’S WRONG WITH THE DOW – AND HOW TO...Read More
February 8th seems like a lifetime ago, as discussions of “correction” and Bear Market have faded into the distance. Since that low point stocks have regained more than 80% of their losses and are just 4% off their all-time highs achieved on January 26, 2018. It has been a rocky road indeed – but then...Read More
The investment markets are notorious for sending bombastic messages. They price daily and react to the whims of news and impulse – and speculation is the main driver. As a consequence the short-term (i.e. days, weeks, or even months) tells very little about the stock market’s condition or its future course. Nevertheless everything happens for...Read More
Stocks are off boldly again this year in a continuing show of strength that has become typical under Donald J. Trump. In fact, the Trump stock market shares several characteristics of the man himself. It is showy and arrogant, and an embarrassment of riches. It, like Trump, beats to its own drum, sometimes with irrational...Read More
I have struggled with this blog ever since STORM SEASON was posted back in September. Since the hurricanes blew in a few months ago media coverage has been a whirlwind of nonsensical misgivings about tax reform and a flurry of sexual harassment claims. It’s easy to get lost in the bluster. Tax relief is easy to understand:...Read More
