A seismic event happened this past week. No, not the 4.6 magnitude earthquake that rattled us Friday night. While a little jarring to my kids, those of us that grew up in Southern California know that a 4.6 is a minor rattler. Given how 2020 is going, a 4.6 seems quite an afterthought, no?
Softbank Again?! Tech stocks hit a bit of a pause last week after their furious August rally. Unfortunately, that pain has spread to the broader markets too. By most measures, August is usually a quiet month for equities. A time when many families take their summer vacations and get in some sun before the school
IPO Frenzy After a relatively cool summer, over the past week, the weather got rather toasty here in Southern California. Death Valley hit 130 degrees, one of the hottest temperatures ever recorded on earth. Thankfully, we live in south Orange County where it’s much cooler. My family is an SDG&E customer, so we were
The 2020 Gold Rush My kids love board games. Even before the COVID shutdowns, but even more so now. Old games like Monopoly and Life. Newish games like Catan and Jumanji. Although, recently for whatever reason my kids have really taken to Monopoly. Of course, I tried to use this as an opportunity to
Intermission There’s pretty much just one thing my wife and I have on our minds recently. We have two of the 73 million school-aged children in America and we are waiting to see what happens with schools in the fall. As August quickly approaches, it signals the end of summer. The dread of trying
Second Half Hard to believe we’re already halfway through the year. As someone on Twitter recently said, “The good news is that 2020 is half over. The bad news is 2020 is only half over.” There are so many superlatives that are being used to describe the craziness that happened so far this year.
Second Wave Summer officially started this past week. Experts will debate the exact start of summer because it can depend on the moon’s positioning. I figured summer started this week because the garden in my backyard is exploding. I have taken to gardening the past few years. Like many others, I spend a considerable
Misclassification Summer is quickly approaching Southern California. As many of you have felt in the past few days, it’s getting hot. I live in south Orange County and it was almost 100 degrees in my neighborhood this week. My air conditioning has been running non-stop. With two children and wife at home all day,
Volatility: In the Eye of the Beholder Wall Street always likes to use fancy terms and phrases to complicate things. Liquidity, volatility and standard deviation just to name a few. Many of us know their technical definitions, but what do those terms really mean? Let’s start with volatility, one of the most overused phrases
Markets across the globe continued to be volatile this week. The VIX volatility index has quietly creeped above thirty again. It should be no surprise given the continued negative data coming from all corners of the world. This week, the Labor Department reported that nearly another three million workers filed for unemployment claims, bringing