My Thoughts About This: Veterans Day is when we honor and remember those who served their country, both those who lived and those who didn't. When I took my draft physical in college, VietNam was only an existential threat but I was not unhappy to get a 1Y classification. As a result I didn’t serve …
Month: November 2015
Very Strong Jobs Numbers Underpinned By Wages
My Comments: Politicians of all stripes consider employment numbers relevant, and well they should. Right now we have the lowest unemployment numbers in this country that we’ve seen for a long time. And it’s all because of that idiot in the White House. This came from a group called Bespoke Investment Group, a name I …
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Bad News Is Good News, Once Again
My Comments: The markets seem as though they are being run by the Kardashians; drama, reversals, intrigue, chaos, take your pick. We watch because we have to, given that for many of us, our future financial freedom is in the balance. November 06, 2015 by Scott Minerd The mantra now is that bad news may …
And Now Trucking Is Suddenly Slowing Down
My Comments: Keep in mind the economy and stock and bond markets performance are not necessarily correlated. But there are sure indications the economy, and therefore employment numbers, are going to change. Income inequality will likely get worse. All of this is to help you prepare so your head does not explode. Oct. 28, 2015 …
Guy Fawkes Night
My Comments: My grandson was five yesterday. It reminded me of my early days in England and my anticipation of an event that happened every November 5th. Guy Fawkes Day. Fireworks and bonfires and lots of excitement. Here, courtesy of Wikipedia, is an explanation. Also known as Guy Fawkes Day, Bonfire Night and Firework Night, …
How To Weather The Next Economic Downturn
My Comments: It’s again a question of WHEN and not IF. Despite the fact that most clients understand intellectually that markets go up and down, whenever there is a drawdown, emotion tends to overwhelm intellect. And it happens to me too. For the past few months the markets have trended down. All the while, volatility, …
Is The Correction Over?
My Comments: We all want it to be over, but despite what this guy says, it may just be wishful thinking… Oct. 27, 2015 By Luciano Siracusano, III Back on July 20, with U.S. stock indexes not far from their yearly highs, I said on CNBC that I expected the market to become choppier over …
Crude Oil Supplies Are Enormous
My Comments: If you pay for the gas you use in your car, these are good days. If your life depends on a job in the oil extraction industry, no so good. You can argue the merits, or lack of merits, of fracking, but as the worlds largest consumer of oil, we’re increasingly unaffected by …
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