Archived Monthly Tidbits

 

August 2017

Consumer confidence is at a 16 year high and major US stock indexes seem to break records every day. Although I feel this bull market remains in place, I’d liken this ride up to a box of chocolates. Stay long keeping in mind it’s been nearly 19 months since the S&P...

July 2017

In April’s Tidbit I wrote of climbing the wall of worry. It seems that wall is steepening with each passing day and the media noise does little to lessen fears. That said expect a continuance of up and down weeks on Wall Street while keeping in mind market...

June 2017

Unemployment is 4.3%. Since 2013, more stocks are trading at higher prices than those trading at lower prices. Any fly’s in the ointment? Other risks aside, Government debt including entitlements and pension obligations could trip up this bull.

May 2017

The good news, Q1 earnings have been and continue to come in strong. Revenues are beating estimates and Trump is pushing to slash corporate taxes to 15%. And then there’s news of the US Military moving naval defenses into the Korean peninsula and Russian built bombs...

April 2017

Seems the wall of worry continues to steepen with each passing week of 2017. Understanding what you own, using asset classes in combinations that reflect individual risk tolerance and knowing your investment time horizon should help lessen that wall of worry. With...

March 2017

Market volatility readings continue to hover at or near historic lows which seems to support the continuance of extreme bullish market sentiment. Yet the Dow and S&P indexes look a bit over-bought right now. It wouldn’t be surprising if the stock market took a...

February 2017

Investor confidence continues to rise on the expectations of tax reform and infrastructure spending. The latest Institute for Supply Management (ISM) and Purchasing Manufactures Index (PMI) report shows broad improvement almost across the board from various...

January 2017

In December of ’14, I wrote the massive amount of private debt (bonds) issued over the preceding few years could fuel a liquidity problem in the bond market when interest rates begin to rise. Do higher interest rates impact the price of current, outstanding bonds?...

December 2016

I’ve been asked many times in the last month why is gold taking a hit? Well, the US dollar is up more than 6% since November 4th and gold trades in US dollars. So, when the dollar rises it has the opposite effect on the price of gold. Don’t sweat the recent decline in...