Below you'll find a list of all posts that have been categorized as “Weekly Market Commentary”
I was inspired to write based on a social media post from yesterday by my old friend and stalwart colleague, Rob Bartenstein, the CEO of Kestra Wealth Management. “The news media may or may not be the enemy of the people. But it ain’t your friend. Your friend wouldn’t blare negative sh!t [my edit] at you all day punctuated with …
I don’t normally write blogs about articles that other folks write, but in this case I must. In Wednesday’s edition of The Wall Street Journal, the venerable Jason Zweig published an article called, “Why Charities Do Good—but Not Well—With Your Money.” I’m a WSJ subscriber so I don’t know if this is behind a paywall, but I’ll highlight some of the …
Back on October 12, 2018, I wrote a blog post titled, “Trump’s Fed Attack – Why.” This was right after Fed Chairman Powell told PBS NewsHour anchor Judy Woodruff that the Fed Funds rate was “a long way from neutral.” You may better remember the response from the President when he said, “The Fed is going loco and there’s no …
Black Friday is known for great deals. Down 10%, the best deal out there right now may be equities. People might be too scared to buy while they try to figure out why the market has gone down. Meanwhile, for every share sold, someone is buying…even on huge down days. So, there are some bargain shoppers out there hitting the …
Annie Duke’s Thinking in Bets – Making Smarter Decisions When You Don’t Have All the Facts may as well be titled “Dave, Read Me Now!” Not even 20 pages in, she starts comparing Chess and Poker. Duke states that “The quality of our lives is the sum of decision quality PLUS luck.” Emphasis mine. Chess is not a game of …
So, October…WTF? Election uncertainty, trade wars and rising interest rates made for a recipe of investor concerns and panic in October. After falling for 21 out of 27 sessions, the S&P dropped 9.9% or about 290 points to a low on October 29th. The Dow Jones Industrial Average (Dow) fell 2,385 points or 8.9% from its high. Losses in the …
THESE. THINGS. HAPPEN. Here are some cold hard facts: So far, the S&P 500 is down 8.8% for the month of October (as of Sunday, October 28, 2018). If it finishes here, it will be the worst month since February of 2009 and the worst October since 2008. Remember those months? Did you know that during the third quarter (the …
I saw a headline the other day on Bloomberg TV. It said, “Growing list of investor concerns.” Seriously? Of course there is a growing list of concerns! The market just sold off. HARD. People get concerned when they lose money. That’s natural and understandable. Needs create concern. When you need the money and it loses value, you become concerned. However, …
