Monday, March 16, 2020 – Once again, markets are rapidly moving this morning as the U.S. Federal Reserve announced a second emergency rate cut to zero on Sunday in conjunction with Central Banks around the world. Chairman Jerome Powell announced that Monetary Policy had run its course and that a Fiscal Stimulus is needed to …
THE CORONAVIRUS BEAR OFFICIALLY KICKS THE 11–YEAR OLD BULL OUT OF WALL STREET Weekly Market Update — March 13, 2020 This was a week a week to remember, as all kinds of records fell, volatility came roaring back, Treasuries were all over the board, oil plummeted, a pandemic was declared, President Trump announced a national …
The Oracle of Omaha sharing his wisdom from the heart of America Berkshire Hathaway has been an overwhelmingly successful company and its CEO, Warren Buffett, is arguably one of the greatest investors of all time. In the more than five decades that Warren Buffett has controlled …
Unique Nuggets from Warren Buffett’s 2020 Letter Read More »
MARKETS RETREAT AS CORONAVIRUS WORRIES INTENSIFY, PUSHING THE 30–YEAR TREASURY TO ITS ALL–TIME LOW Weekly Market Update — February 25th, 2020 The tech–laden NASDAQ and the broad, large–cap S&P 500 both hit new closing records this week, but trailed off toward the end of the week and finished in the red NASDAQ lost the most …
MARKETS RETREAT AS CORONAVIRUS WORRIES INTENSIFY Read More »
There was a lot of fuss back in 2011 when the first wave of Baby Boomers turned 65. Baby Boomers hold 54% percent of all U.S. household wealth and account for almost 50% percent of consumer spending — and yet many were winging it as they moved into retirement. Experts have urged them to get …
5 RMD Strategies to Safeguard Your Retirement, Maximize Your Legacy Read More »
STOCKS UP FOR SECOND WEEK IN A ROW AS THE LARGE TECH NAMES LEAD AND THE CORONAVIRUS DOMINATES HEADLINES Weekly Market Update — February 17, 2020 U.S. equity markets continued their record–setting ways, moving up for the second week in a row, despite increasing worries about the coronavirus As seems to be the norm, the …
STOCKS UP FOR SECOND WEEK IN A ROW AS THE LARGE TECH NAMES LEAD Read More »
STOCKS LEAP TO NEW HIGHS AS IMPEACHMENT PROCEEDINGS END AND A STELLAR JOBS REPORT AND MANUFACTURING INDEX SURPRISE Weekly Market Update — February 7, 2020 The stock markets shook off negative numbers from the past two weeks and jumped to new highs, as investors seemed to think the coronavirus was contained, the impeachment saga is …
Weekly Market Update — January 3, 2020 The U.S. stock markets inched down during the final holiday-shortened week of 2019, ending their recent win streak but still capping off a remarkable year On the week, NASDAQ inched up 0.2% whereas the S&P 500 and the DJIA declined 0.2% and 0.4%, respectively The smaller–cap Russell 2000 …
MARKETS END THE WEEK MIXED TO CAP OFF A REMARKABLE YEAR Read More »
SANTA BROUGHT THE MARKETS MORE PRESENTS AND SOME LUMPS OF COAL DURING THE HOLIDAY SHORTENED WEEK The Christmas–shortened trading week brought investors more presents and less coal, as NASDAQ crested the 9,000-point threshold for the first time and the S&P 500 and DJIA set new records NASDAQ moved up 0.9% on the week, followed by …
Santa Brings The Markets More Presents & Some Lumps of Coal Read More »
TRUMP GETS IMPEACHED, NAFTA 2.0 PASSES, THE HOUSING MARKET STAYS STRONG AND THE MARKETS HIT MORE RECORD HIGHS Twas the week before Christmas and U.S. markets are finishing high, driven by low unemployment, strong housing and real progress with NAFTA 2.0, China and Brexit Despite an impeachment vote in the House of Representatives, the S&P …