Just A Heads Up…
The stock market “may” have hit the high.
A Reiteration Of 3-25-2024
A reiteration of week 3-25-2024
Is The Recession Coming?
Explaining why the recession has been delayed.
FOMC Statement
Things have changed a lot since the last Fed meeting.
Year Started Off With A Major Miss
Side note, retail sales have declined.
The Financial Health Of The Consumer
Looks like the consumer is running out of money.
The Big Report On Inflation
Higher interest rates are a tax on the economy.
Fed Meeting and Employment Report
Now is not the time to be taking on risk.
Corporate Earning Reports
More to come next week.
Contradicting A Soft Landing
‘The road to success is dotted with many tempting parking spaces.”
The Data Is Getting Worse
“Obstacles are what you see when you take your eyes off your goal”
Still In A Cautionary Mode
We Are Still Waiting For The Recession To Start
Understanding Our Philosophy
“I understand that it is frustrating.”
“Nothing new to report”
Nothing New To Report
“Buy Now, Pay Later”
Buy now, pay later…a worrisome trend with dire consequences.
Americans Are Plagued With Debt
Americans have run out of their extra savings.
The Inverted Yield Curve
An Explanation of The Yield Curve
Happy Thanksgiving!
Wishing you all a very happy Thanksgiving!
Strong Upward Movement in the Stock Markets
This rally is what can be considered a short bear market rally.
Fed Is Not Going To Raise Rates
Fed chairman is reserving the right to raise rates.
The Confirmation Is In
All four major stock market indexes have turned negative.
A Few Indicators Confirming The Declining Economy
Economy is just barely hanging on…
Investing Circumstances Have Changed
Change of an increase in the rate of inflation
Pause in interest rate hikes
QUOTE OF THE WEEK “Charity, good behavior, amiable speech, unselfishness – these by the chief sage have been declared the elements of popularity.” – Burmese Proverb TECH CORNER The Federal Reserve announced a pause in interest rate hikes during the September meeting last Wednesday, therefore, the federal funds rate remains at a 22-year high of […]
Nothing’s Changed
Still expecting a recession
The Big Debate…
Deep recession, soft landing or none at all.
We Are Getting Closer
There are many indicators that point to a recession.
Common Scams To Watch For
Don’t be the victim of a scam
QUOTE OF THE WEEK “When you practice gratefulness, there is a sense of respect toward others.” – Dalai Lama TECH CORNER Not much to report this week. So far this month the bond market is down about 3%, the S&P 500 is down 4% and the Nasdaq is down 6%. The stock market failed to […]
What Is The Yield Curve?
QUOTE OF THE WEEK “When you practice gratefulness, there is a sense of respect toward others” – Dalai Lama TECH CORNER Let’s talk about the Yield Curve today and how it affects the economy. First what is the Yield Curve? There are multiple Yield Curve examples but today we will talk about the most common, […]
U.S Credit Card Debt
QUOTE OF THE WEEK “Gratitude makes sense of our past, brings peace for today, and creates a vision for tomorrow.” Melody Beattie TECH CORNER Not much to report. I did hear this morning that the US credit card debt officially just passed $1trillion. Combine that with the fact interest rates on credit card balances have […]
QUOTE OF THE WEEK “It does not matter how slow you go as long a you do not stop.” – Confucius TECH CORNER Last month we had a slight increase in interest rates resulting in a small decline in bond values. We currently own Treasuries and investment grade bonds at high interest rates. I expect […]
The U.S. Consumer
Let’s tak a look at some statistics
Is a recession on the way?
QUOTE OF THE WEEK “With confidence, you have won before you have started” – Marcus Garvey TECH CORNER This week I am going to paraphrase from Stanley Druckenmiller, a famous asset manager, who has never had a losing year whom I happen to agree with. We both agree that a recession is on the way […]
Stock market rally this year
QUOTE OF THE WEEK“The secret of success in life is for a man to be ready for his opportunity when it comes.” -Benjamin Disraeli TECH CORNER This week will be a short letter. I am recovering from a shoulder replacement surgery of a previous replacement that went bad which is why I didn’t publish the […]
The Fed Has Paused Raising Interest Rates
QUOTE OF THE WEEK “The secret of contentment is knowing how to enjoy what you have and to be able to lose all desire for things beyond your reach.” – Lin Yutang TECH CORNER As we expected the Fed has decided to pause raising interest rates. Chairman Powell said that they were going to follow […]
Confirmation That The Economy Is Slowing
QUOTE OF THE WEEK “Hard times don’t create heroes. It is during the hard times when the ‘hero’ within us is revealed.”– Bob Riley TECH CORNER Last week the Debt Ceiling Extension passed with 63 yes votes and 36 no votes in the Senate and 314 yes votes and 117 no votes in the House. […]
Debt Ceiling Debate
The really big issue is the coming debt ceiling debate. We are the only country on the planet that has this stupid issue.
Oil in the engine
QUOTE OF THE WEEK “Our greatest glory is not in never falling, but in rising every time we fall.” – Confucius TECH CORNER The most recent update from Omega Squared, our investment advisory partner, is that we are not quite yet in a recession but we are getting close and looks like we will be […]
Earnings season?
50% or so rally off the bottom. Don’t be fooled by this rally. The data is still negative.
