I'm 57 today! I think it's time for a bit of a change. For years, I've been one of those people who is kinda perpetually pissed off by circumstances and events well beyond my control. This has led to a life somewhat unfulfilled and one that has fallen short of its potential. No more. Over [...]
It's been a few months since I last commented on the state of the financial markets. At the time, the market was acting like it was shrugging off the 2022 interest rate hikes and was poised to move higher. Since then, the stock market has been generally flat. However, the price action over the last [...]
Most investors don't pay too much attention to the futures markets. They should. In 2022, the biggest gains made by portfolio managers were in the futures markets. Just as an example, Dunn Capital Management, which has been in the business of managing money as a Commodity Trading Advisor for 50 years, generated a 60% return in [...]
It's no secret I've been bearish on the economy and US stock market for over a year. Given what transpired during the Covid-19 pandemic, ie, the massive monetary and fiscal stimulus poured into the economy by a panicked government, I felt we'd have to pay the piper at some point. In some ways, we certainly [...]
I'm of the opinion that inflation will be with us for awhile. With that in mind, I thought I would provide some thoughts on how to invest in such a market climate. First of all, if inflation remains high, and interest rates remain high, the overall stock market will underperform. Why? Because high interest rates [...]
On Thursday, the latest CPI report indicated year over year inflation had dropped from 8.2% in September to 7.7% in October. The markets rejoiced. The thinking is that the Fed will begin to pivot away from its tightening phase by raising rates by 50 basis points in December, and then likely pause. With this in [...]
Yesterday, the Dow Industrials rose almost 1,200 points on the back of a CPI report showing that inflation had slowed to 7.7% year over year. The market is anticipating that the Federal Reserve will only hike rates by 50 basis points in December, and then that may be it for the rate hikes. Here's the [...]
We are two days past election day 2022, so thought I'd offer up some thoughts. It was an interesting election to say the least. So far, the GOP holds about a 5 point lead nationally in terms of votes cast. Normally, when the Republicans have a lead like that, they gain far more seats than [...]
We live in a society where Big Pharma now offers a pill to treat virtually every ailment known to man. Yet, during the Covid-19 pandemic, the United States has performed well below other developed countries in regard to hospitalizations and deaths? Why? Because, with an obesity rate of 33% (as estimated by the Centers for [...]
By many measures, the U.S. stock market was due for a rally last week, and it got one. Over the last three trading days, the market rallied anywhere from about 2.5% to 4% among the major market averages. Prior to the start of the rally, the market had declined for three consecutive weeks after the [...]