The good news for Mr. Market is the lack of any earthshaking mandate coming from the election last week. He loves legislative inertia or gridlock, the popular term. Why? If it is more difficult to sweep through major policy changes, then it is easier to determine the natural financial winners [...]
In an already stressful year, this election season has proved to be more than many can bear. According to a survey by the American Psychological Association (APA) 68% of all adults consider the 2020 Presidential election to be a significant stressor in their life. As of now we still don’t [...]
When giving investment advice the last thing I want to talk about is politics. But sadly, these two areas have become so intertwined in the past decade it’s hard to avoid, especially in an election year. I would dare say that actions by politicians now play a larger role in [...]
On November 4, I predict many will be surprised and distraught, whoever wins. Many will not like the outcomes. I will be surprised if we do not know the winner on that day, but investors of either stripe may sell. If there are legal challenges, confusion will reign and investors [...]
Three weeks before the election, I am in a state of inner turmoil and foreboding. Me, the optimist for whom the glass is always mostly full. (But I have heard that an optimist is a person who just does not understand the situation!) If ever I have bobbed in a [...]
As a financial advisor, you can count on human nature to indicate where you are in the investing cycle. As the summer progressed and the stock indexes marched steadily higher, people began asking why we had not revved up the engines to full speed. We read about new young investors [...]
It’s amazing how quickly things can change. A little more than 5 years ago my wife and I were struggling to sell our home in a housing market that was in dire straits. At one point during the year long process, more than half of the homes in our cul-de-sac [...]
What in the world is going on out there, and what should I do with my money? This topic is always on my mind, but I imagine lately it’s been heavy on yours too. The world looks upside down, and the stock market is no exception. Many can’t believe it’s [...]
In what can only be described as a major shift in US monetary policy, Federal Reserve Chairman Jerome Powell announced late last week that the Fed will no longer attempt to keep inflation consistently at 2%. Instead they will attempt to hold inflation rates to an average of 2% over [...]
If you have been to any retail store in the past few months you have probably noticed a sign on the cash register that says something like “due to coin shortage exact change required” or “cash not accepted due to coin shortage” When I first saw one of these signs [...]
