01-JANUARY 27-2022

Snow Globe!Good morning.
Traders have been eying yesterday’s Federal Reserve announcement for weeks.  And, in anticipation of the start of interest rate hikes as early as March, stocks have been in selloff mode.  Yesterday, the Fed stuck to its guns, with an announcement to keep rates steady for now, but with a plan for the first liftoff in March.
What does that mean for traders now?  Likely not too much besides some short-term volatility, as the market has now priced in a number of interest rate hikes this year, as well as an end to the Fed’s bond-buying program.  The Fed’s overall tone feels much more dovish than how markets have been reacting lately however, and that may lead to stocks gradually moving higher in the months ahead.

Now here’s the rest of the news:

IMF Delivers A Painful New Rating To The U.S.
The International Monetary Fund cut its global growth outlook for 2022 to 4.4%, with the largest revisions being for the world’s two top economies.  The IMF’s report pointed to three reasons behind its downgrade… [Read Here]

Is America In A Super-Bubble?
Today in the U.S. we are in the fourth super-bubble of the last hundred years.  Previous super-bubbles had a series of distinct features that individually are rare and are unique to these events.  In each case, these characteristics have… [Read Here]

January 27, 2021

Lookin' GreatGood morning.
Shares of Despite some of the increased economic lockdowns during the holidays, corporate earnings continue to beat expectations.  That’s partly because companies are good at setting low expectations.  But the fact remains that big business simply moves on in spite of just about anything from wars, to civil strife, to even a pandemic.
Yet despite this strong earnings season, the market isn’t rearing to head to new all-time highs.  What gives?  It may partly be valuations, which are stretched by any measure, such as GDP growth, earnings, sales, book value, or dozens of other metrics.  Simply put, the strong earnings this quarter may not be enough to materially move markets higher, but at least it’s preventing the averages from having a big drop lower.

Now here’s the rest of the news:

 

January 27, 2020

Video HistoryGood morning!
Markets continue to be sensitive to the coronavirus outbreak.  As news of a 2nd potential case in the United States broke, so did markets, leading to the first 1% intraday decline for stocks in months, but at least they closed off their intraday lows.
With a viral outbreak likely to weigh on economic activity in travel and tourism, expect airline and casino companies to be hard-hit for now, but a potential buying opportunity later.  In the meantime, the only asset that seems to consistently rise on these outbreaks is gold as a safe-haven play from market chaos.

“Leadership is about persuasion, presentation and people skills.”  —Shiv Khera

January 27, 2019

It is Sunday, hello World!  What do you want to be when you grow up?

Caryl and I went for a walk around the neighborhood … snapped a few pictures of each other … and once back home … started again to read our respective books.  I have delved a little deeper into the iPhone and iPad, iOS 12 for Seniors magazine¹ my sister-in-law [Esme] bought me last Christmas.  I have enjoy reading and remembering that ‘techy stuff’.

<<  RAW BEGINNINGS:  I’m also studying Graphic Design to: edit, crop, lighten, move and remove objects from digital pics.  I’ve got a long ‘techy ways’ to go before I can design my own logos, place text, and to add graphic effects … creating that ‘eye appeal, sizzle & pop’ my photos very badly require.  Paying someone at Fiverr or Odesk to do this sounds great, but IF ONLY I could explain what I wanted, arriving at the identical end result pictured in my head.

If I am going to achieve true satisfaction working from home … I must ‘transform the thoughts in my head’ AND with the techy stuff mentioned in the preceding paragraph AND through action applied to the 4Ps [print], [pages], [posts] & [podcasts] … within the next 2 – 5 years retire Caryl (and together move to Newfoundland) and Labrador.  Nothing can take that away from us!

¹Everything you need to know about your Apple iPad

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05-MAY 14-2022

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05-MAY 13-2022

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05-MAY 12-2022

Good morning. The good news?  Inflation has slightly slowed on a year-over-year basis, for the first time in seven months.  The bad news?  It’s still high at 8.3 percent.  And it came in higher than expectations. Looking at the data shows some reasons for the unexpected strength.  Most components of CPI still rose more than 6 percent in April.  But soaring food prices – which we’ve warned about fairly often — were a big contributor.  Another big move higher was record airfare prices, as high fuel costs and a reopened economy drove prices up. The data doesn’t give too much

05-MAY 11-2022

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05-MAY 10-2022

Good morning. Any econ 101 student can tell you that there’s a lag effect between something like, say, the creation of trillions of dollars in spending, and inflation rates reflecting that.  We’re seeing that trend play out today, with the highest inflation levels in decades. The good news?  Some of that new money first went to financial markets, rather than in goods and services.  That helped keep many things affordable, especially during the initial lockdown phase of the pandemic.  But today, we’re seeing the impacts of those past lockdowns (and current ones).  And we’re seeing that handing out money directly

05-MAY 09-2022

Good morning. People don’t mind inflation when it hits things like assets.  When stocks and home prices are rising, consumers feel wealthier.  This “wealth effect” tends to be beneficial to spending, which then become a self-fulfilling prophecy. The 2009-2020 market rally started with this effect.  The bank bailouts propped up the banks, but didn’t cause inflation on Main Street.  Today, thanks to the stimulus measures during the pandemic, Main Street went on a spending binge.  That’s caused a reverse wealth effect as the prices of goods like food and utilities are rising at a rapid rate — but now asset

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