June 2002
June 2002
In the stock market “These are the times that try men’s (& women’s) souls.” As we head toward the lows made in the Dow last September, investor discouragement rises commensurately. A couple of things come to mind that I would like to…
Economic Forecasting
Economic Forecasting Exists to Make Astrology Look Respectable
We are sometimes queried by clients regarding where we think the market will be in six months or next year. There is not a good way for us to answer that question because the true ans…
Fright Mode
Thoughts While Viewing the Market in Fright Mode
As we write this, the stock market appears to be in a free-fall. The Dow is down around 1,800 points having fallen 2,100 already this morning. It currently stands at 21,646 and down from the Februar…
Tarriffs, Taxes, & Bad Stuff
Tarriffs, Taxes, & Bad Stuff
This past weekend, China decided to let their currency, the Yuan, drop to the lowest level it has seen in ten years. This clearly appears to be a retaliatory move for our government’s action last Thursday when, sur…
The stock market – What a difference a month can make!
The Stock Market – What a Difference a Month Can Make!
We are writing this note on February 1st, one month after a nasty selloff in the stock market leading up to and culminating with Christmas Eve. At random, we looked at the values of a f…
After a Big Decline
What happens after big stock market declines?
Unquestionably, this has been a difficult year for almost everyone who is invested in the stock market and for our managed accounts. So, what has really changed? We know there are new tariffs, but we a…
Economic Forecasting Exists to Make Astrology Look Respectable
Economic Forecasting Exists to Make Astrology Look Respectable
We are sometimes queried by clients regarding where we think the market will be in six months or next year. There is not a good way for us to answer that question because the t…
Sudden Stock Market Corrections
Sudden Stock Market Corrections
(Or as Yogi would say… “It’s Deja vu all over again”)
Market corrections happen frequently. History tells us a correction of 5-10% occurs nearly each year, and every three years or so a 10-20% correction c…
Market Corrections: Expect Them to Happen
Market Corrections: Expect Them to Happen
As prices move ever higher, we will almost certainly experience periodic pullbacks. Extended bull markets have always been interrupted by episodic declines, better known as correct ions. Corrections…
