Market Update: February 22nd, 2021

Going into last week’s Congressional hearing with Robinhood, Reddit, and Citadel, I was expecting an episode from House of Cards.  The suspense, the intrigue, the twists and turns.  However, if you were watching, you’d know that it was, of course, none of that.  For all the excitement around Gamestop and RoaringKitty, the Congressional hearing was

2021-02-23T00:28:06+00:00February 23rd, 2021|COVID-19, Market Update|

Market Update: January 25th, 2021

As the markets continue to climb higher, many market pundits (including myself) have been warning of pockets of “irrational exuberance”.  There are several bubbles in the market right now.  It’s most noticeable when looking at a chart of a company’s share price or value.  Red flags go off when the chart goes parabolic, suddenly

2021-01-25T23:49:07+00:00January 25th, 2021|COVID-19, Market Update|

Market Update: January 19th, 2021

In economics, there are several different indicators that can tell us the state of the economy today (lagging indicators) and tomorrow (leading indicators).  However, there is an unconventional indicator that is “reserved” by the banks that isn’t found in Econ 101 textbooks.  This would be a balance sheet item known as loan loss reserves. 

2021-01-19T23:37:00+00:00January 19th, 2021|COVID-19, Market Update|
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