My Comments: I’m trying very hard to avoid “irrational pessimism”, the polar opposite of “irrational exuberance”. But at my age, if things go downhill in a hurry, I’m going to be toast. Many of my clients over the years had parents that grew up in a family that was killed economically in the Great Depression …
Continue reading Investor Fears Mount as FTSE Reaches Near-Record Highs
My Comments: Now that Matthew has taken his wind and rain to bother someone else, I can focus my time and energy on less earth-shattering thoughts. I am very thankful we were spared what happened in Haiti; I can’t imagine the agony those people are living with. And speaking of not being able to imagine, …
Continue reading A Mind-melting Number of Galaxies in the Universe
My Comments: Again, more useful insights about the Social Security benefits system. Even if you consider yourself already retired, understanding the ins and outs of the Social Security program might be very helpful to you. Reach out to me if you are still confused. Fidelity Viewpoints – 04/20/2016 Do you plan to work in retirement? …
My Comments: I know, I know, I said the worm had turned. Well, maybe not. Phoenix Capital Research/Sep 29, 2016 Time for a reality check. The market has had nothing but positives for three months now. BREXIT was contained. The Fed failed to raise rates again. The Bank of Japan and European Central Bank are …
Continue reading We’re Issuing a Formal Alert: Something Major is Coming in the Markets
My Comments: I’m facing increased criticism for preaching woe and gloom. In spite of a 24 month rain dance to herald the start of a storm, the sky is still clear, if a little overcast. Maybe it is different this time. That being said, it’s time to stop with the woe and gloom and focus …
Continue reading Here’s how bruised bears should approach this resilient stock market
My Comments: It must be Tuesday because here is something about Social Security. It's an incredibly valuable and complex system, started over 80 years ago to provide a financial safety net for Americans who reach an age when working is/was not really an option. Today, society has evolved to where it's a critical piece of …
Continue reading Don’t Fall for These 7 Social Security Myths
My Comments: You say you don't have a 401(k)? Maybe you have a 403(b), or an IRA with exposure to the market. If you are in or close to retirement and your investment portfolio goes to hell, you simply don’t have enough time to hope it recovers and gets back on track. Be defensive for …
My Comments: New and existing clients are asking me what I think will happen to their money after the election. My gut tells me there will be a correction before long anyway. If Trump is the winner, the correction could be dramatic with chaos in the years ahead. If Clinton is the winner, the correction …
Continue reading Trump vs. Clinton: 10 Ways the Next President Will Impact Your Wallet
My Comments: The evidence is almost compelling. Compare this chart with the one I posted yesterday. If you are not on the sidelines, or positioned to go short at a moments notice, prepare for some pain. by Jeremy Warner | September 20, 2016 | The Telegraph Global stock and bond markets have been all over …
My Comments: My brain is tired. Too much political angst, too much monetary crap, not enough positive feedback. And here’s some more monetary crap. But if you are like me and are not expecting to win the lottery anytime soon, then bubbles become important. And like it or not, they tend to burst and create …
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