Last week, after a flood of international news, the stock market fell to its lowest point since November 2020. From the unexpected tax cuts announced by the UK government causing the pound to plunge, to the inexplicable damage to the Nordstream gas pipeline. In addition, despite declining stock prices and
Fall, one of my favorite seasons, started this week. It’s a time when we could all start getting some reprieve from the recent heat wave. Unfortunately, it coincided with a market that continues to fall. It should not have been a surprise to anyone that follows the markets that the
I was up in the Sierra Nevada mountains the other week. Usually around this time of year (barring any fires), I go on a hiking trip with some friends. We have been hiking parts of the John Muir Trails over the years. None of us have the time (or the
"Employment is the last leg to fall." This is a common phrase you might come by when you're listening to the financial news or reading the paper. It's a small - but important - part of macroeconomics. When we have conversations about these topics, it's important to put them into
One of the key aspects of a sound portfolio is a diversified portfolio, and one of the most popular tools among investors to diversify a portfolio is through the use of Exchange-Traded Funds, or ETFs, generally due to their ease of access, low management fees, and tax efficiency. Traditionally, investors
I invested $10,000 into Amazon (AMZN) during the Dotcom bubble. I didn't, but if I had, it would be north of $4,000,000 as of last Friday's close. At the time, Amazon was down over 90% so the thought of doing that was nonexistent. That's why November 2008 during the Great
According to the retail sales report from last week, spending was flat, but when you exclude sales for auto and gas, spending increased by 0.7% from June to July. The retail report measures consumer spending/demand for goods. Gasoline prices have steadily declined over the last 9 weeks which has enabled
The U.S. Dollar has been on a tear. There are a few reasons why demand for the “greenback” has been so hot, but the biggest reason is when global markets go crazy, investors look for a safe haven. The global uncertainty in Ukraine has made the U.S. Dollar attractive for
The last two years have put the Federal Reserve in the limelight. It is of little surprise after a multi-decade high unemployment level in the second quarter of 2020, followed by concerns of weak spending – which was abated with direct cash transfers, and that turned into a growing concern
Let's talk earnings. Are companies losing money? Are they overvalued? Some believe the market is still relatively strong. While others think consumers are feeling the pressure. Let's have a discussion, but also focus on the facts. That way you don’t have to rely on headlines and come to a conclusion
