“I think it’s a tremendous opportunity to buy. Really a great opportunity to buy.” – President Donald Trump, Christmas Day 2018
As we approach the end of one year and the beginning of another, it’s a time filled with reflections and hopes. We share not only warnings of impending challenges but also moments of contemplation and glimpses of optimism.
With New Year’s just around the corner, what better occasion to embrace fresh starts? New aspirations, new paths, and even new illusions await us like a patch of ripened strawberries. Today is the moment to seize all of them – and perhaps even more.
Make no mistake; 2019 promises to unveil events exactly as they are meant to unfold. Some will be fortunate, while others may prove troubling. Each day will reveal itself in a delicate balance of chaos and order. You can bet on it.
So, what lies ahead? What key expectations accompany our new journey around the sun? Consider the fate of stocks, the 10-Year Treasury note, gold and beyond. Are we facing a complete societal collapse? Is this the year when the Fed’s strategies finally unravel? Continue reading
As we enter the last weekend before Christmas, let’s take a brief break from discussing the economy and financial markets. However, this pause comes with intention – our goal is to spread peace and joy as you embrace the holiday spirit.
Who wants to think about unemployment rates or inflation while singing “Silent Night” during a candlelit Christmas Eve service? Who would prefer to debate Fed policies or the nuances of high-yield ETFs over a drink with their father-in-law?
Here’s a tip: steer clear of politics and religion at the dinner table. Instead, engage in conversations about NCAA football or the latest fishing gear. While opinions may differ on Nick Saban, we all can agree that Tua Tagovailoa was unfairly overlooked for the Heisman Trophy. Similarly, everyone acknowledges that freshwater fishing demands skill that is often underestimated.
But let’s go beyond those two safe topics. Allow us to indulge in a captivating tale about significant missteps and potential improprieties, especially involving characters from exclusive circles where the distinction between heroes and villains becomes utterly blurred. Continue reading
The recent fluctuations in the U.S. stock market have sparked much discussion and concern. Wall Street professionals, personal money managers, and Millennial investors alike are finding themselves on the wrong side of these rapid shifts. Even the most seasoned experts cannot sidestep the impact of President Trump’s tweets leading to sudden market squeezes.
The short-term implications of the DJIA’s 8 percent fall since early October remain uncertain. Stocks may very well rally again before the year concludes. After all, odd events have transpired in the past.
What’s equally uncertain is what this decline signifies: Will it resemble the mild downturn witnessed from mid-2015 to early-2016, when the DJIA dropped 12 percent only to bounce back? Or is this the onset of a harsh bear market that could decimate portfolios and cripple investment funds?
Astrology may suggest the latter scenario. For anyone gazing up at the night sky, the alignment of three ominous stars reveals an unsettling potential. Continue reading
Countless explanations abound regarding the current economic climate. Some perspectives offer hope, while others raise alarms. Today, we aim to provide clarity amid the confusion…
From a backward glance, certain economic indicators appear robust. The GDP increased at an annual rate of 3.5 percent in the third quarter. Moreover, if we overlook discouraged workers, the unemployment rate stands at just 3.7 percent—a near record low. By these metrics, the economy has never seemed more prosperous.
Yet, a deeper investigation reveals troubling cracks in the economic foundation, which are shifting from minor hairline fractures to significant disruptions at a pace reminiscent of mud volcanoes destabilizing Union Pacific Railroad tracks. These disruptions will only proliferate as we inch closer to the next financial crisis.
For instance, the auto and housing sectors show signs of distress. Just last week, General Motors announced plans to lay off 14,000 employees and shutter five factories. What is happening? Continue reading
