My Comments: If you're like us, you enjoy a pleasant evening from time to time at a local restaurant. And if you're like us, that's not happened for the past several weeks, because they're temporarily closed and we're instructed to stay at home. The longer this CV pandemic lasts, the more likely our favorite restaurants …
Category: Economy & Markets
A Great Depression Or A Mild Recession? Absolutism, Probabilities, And Investment Strategy
My Comments: Never, ever, take what I've written and/or shared as gospel. It's my opinion the market will be down further than the 35% it dropped before the bounce back. I'm willing to nibble here and there but my target date before doing anything of consequence is the end of May. And that may be …
The Reasons Why The Markets Will Go Much, Much Lower From Here
My Comments: This week I've decided to focus my written thoughts on the stock and bond markets. As a retirement planning professional, what people have to spend in future years is very much a function of how the markets perform. All of us are aware the recent market crash was triggered by the pandemic and …
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Is the S&P 500 35% Overpriced?
My Comments: There is mounting pressure to start ignoring the negatives associated with the pandemic and instead focus on economic recovery. I understand that. The big question is where on the spectrum that runs from saving everyone to letting people die should we fall? This week I'm going to focus my thoughts on the stock …
Dow Futures Shiver as This Bubble Chart Predicts a Terrifying Crash
My Comments: Make no mistake, I want this economic chaos to end as soon as possible. If there were no attendant pandemic, I'd be all in favor of using rational steps that worked in years past. You can see and hear the discomfort between those whose focus is the economy and those whose focus is …
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The Emerging Emerging-Markets Crisis
Yesterday I suggested that few people, if any, who are described as financial pundits, have a clue what's going to happen next. One of the few who comes close is Scott Minerd. You've seen me present his idea several times in the past many months. As usual, his published article has a number of charts …
The Coronavirus Recession Will Be Deeper and Faster Than the Financial Crisis. Why That Matters.
My Comments: Parallels are being drawn between the economic disaster now unfolding with other financial crises in the past. Some say it'll be over soon and others suggest the effects will last for decades. The writer below talks about this "recession" being a V shape recession. That translates to one where the downstroke is sharply …
Is America Entering Another Great Depression?
The article that follows was published ten days ago and some of what is said is already out of date. How time flies when you're having fun. Or not. A few of my recent posts have suggested now is a bad time to get back into the markets, always assuming you have the necessary liquidity …
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Value Is a Poor Timing Tool
First, this is about investing money. Second, value refers to buying established stocks that are thought to be undervalued as opposed to buying stocks that are deemed to have growth potential. Third is that timing can be thought of as critical in term of when stocks, or bonds, should be bought or sold. Yes, there …
The Faustian Bargain
My Comments: Many of us are essentially frozen in time. We’re fearful, doing what we can to be feed ourselves, be entertained, and remain healthy, all while wondering what the hell happens next. I have no more clue what’s going on than you do. But my reading includes things like this from someone I’ve followed …
Helping Define Your Financial Future 