First, this appeared nine days ago. It’s old news. Second, not all old new is bad news. If it influences how you think about your investments today and next week, that’s a good thing. Because I firmly believe we’re going to see a lot more bad news before we see any sustained good news. There’ll …
Category: Investing Money
Why You’ll Want To Avoid This Bounce
My Comments: I really don’t have any right now. Just a confirmation you need to be careful with your money right now. By Decian Fallon \ 26 MAR 2020 \ https://tinyurl.com/srdcmvp It looks like we are in the process of the initial bounce, but it's a bounce which typically forces 'weak hand' buyers to panic …
ROTH IRAs and Why They Make Sense
My Comments: They’ve been around for some time now, but because they cause you to use after-tax money, there’s always been a cloud around them. That’s a shame since they make sense when it comes to tactically allocating your retirement income among different sources and types of accounts. That retirement, assuming you live a normal …
The Butterfly Effect
My Comments: When these words appeared from Scott Minerd just last Monday, they described a world that, five days later, is very different. That’s hard to get your mind around. Virtually all of us across the planet are now resigned to a complete disruption of our normal lives for the next several months. Perhaps if …
Some of the world’s biggest economies are on the brink of recession
This headline article was written before the recent chaos on the New York Stock Exchange and yesterdays 2000+ point drop. There’s a temptation to either bail out completely or start buying more positions if you have cash ready to put to work. Personally, I have some cash but I’m going to wait a few weeks. …
Continue reading Some of the world’s biggest economies are on the brink of recession
Ironically, It Needs To Get Worse
My Comments: In the past several weeks, the only “good news” about investment markets has come from sources I consider unreliable. These are pundits and political figures I’m now convinced don’t have my best interests in mind when they stand in front of us and make unsupportable claims. On the other hand, I’ve been waiting …
Three candidates for the next big economic bubble
My Comments: I was here for the crash of 1987, the crash of 2000, and most recently the one in 2008-2009. I wasn’t here for the one in the 1930’s but my parents were and that probably influenced my thinking about market crashes. Many of us think we’re overdue for another. There’s a lot of …
Continue reading Three candidates for the next big economic bubble
Peace For Our Time
My Comments: Please understand this is not a Happy Valentine's Day message. Far from it. Nevertheless, Happy Valentine's Day! When I saw the title above that appeared in a news feed I follow, it seemed a little strange. However, the source was a highly credible one, someone with responsibility for many billions of investable assets …
The State of the US Economy
My Comments: Most of us are waiting for the inevitable crash. We hope there'll never be another, but the realists among us know one will appear sooner or later. The tax bill enacted in 2017 was supposed to result in greater consumption numbers since it was passed to presumably reduce the tax bill for most …
Bob Doll’s 10 Predictions for 2020
My Comments: Memory tells me I met Bob Doll a few times some 25 years ago. I think he was affiliated with Oppenheimer Funds, one of the mutual fund companies that I favored. I remember him as interesting, informative, and rational. His 2019 predictions were mostly right, getting 8 out of ten correctly. He says …
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