09-SEPTEMBER 30-2021

Fall Festival of MusicGood morning.
With the market still wary about rising Treasury yields or the potential drop in China, there are plenty of other potential factors that could weigh on the economy right now.  One of the least talked about is energy prices.  Oil prices are on the rise, bucking a seasonal trend.  Natural gas prices tend to rise in the winter, and could surprise to the upside if the weather is colder than usual.
Higher energy prices drive up transportation costs, an area already impacted thanks to higher inflation rates over the past year.  But higher prices, particularly at the gas pump, act as a tax on consumers, and one that hits heavily on lower-income earners.  Higher energy prices could easily impact consumer spending into the holiday season, which could be worse for the markets than any geopolitical event right now.

Now here’s the rest of the news:

Biden says $3.5 Trillion reconciliation Bill Has a Price Tag of $0 – Malarkey –Eric Boehm,Reason
One of the most dangerous government lies is that everything is paid for.  In fact, the federal government hasn’t fully paid for its normal spending in a single year since 2001… [Read Here]

September 30, 2020

MeanwhileGood morning.
The market is starting to get into “wait-and-see” mode for the 2020 Presidential Election.  With the first debate on Tuesday night, stocks stopped their recent recovery rally.
A number of studies have shown that volatility is high going into the election, which likely has many traders on edge.  But often in the markets, when everyone expects the market to do some-thing, it may do the opposite.  For now, that still suggests caution, but that for all the expectation of a big move, none may unfold instead.

Now here’s the rest of the news:

Precious Metals Bull Market Not Over “In 2023 to 2025 analysts expect to see much higher gold and silver prices, perhaps even at record levels.” –Jeff Christian

September 30, 2019

Throwing Baby out with the bathwaterEnd of the month wrap-up.  Good Morning.  The Japanese have a term Ikigai, meaning reason for being.  The Finnish have the term Sisu, meaning resilience.  And the Swedes have Lagom, meaning moderation.  All point to popular terms used in popular books and articles to discuss the concept of clutter, whether mental, emotional, or, usually, the physical.

Call it a sign of the 10-plus year bull market, but the rise of books on the subject of clutter, if all collected, would more than clutter a standard bookshelf.  But as long as the economy is good, people will continue to accumulate more stuff… and one of the best investment opportunities may be in self-storage spaces, which continue to see robust demand, and likely not just as extra storage for books on decluttering.

Was history on your-side this week?  Hope so…  😉

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