As my friend, Ken Woodruff often says, There are two seasons in Iowa and places north. Winter and tough sledding. The groundhog saw his shadow, but there is an end soon coming to physical winter. The current bear market, not so soon. More tough sledding, until the fourth quarter would [...]
If you are a sports fan, it is an exciting time to be living in the KC metro. Over the past decade we have experienced more than our fair share of national championship victories from our local teams including, the Royals, Sporting KC, the Jayhawks and of course the Kansas [...]
For decades, commentators on the Federal Reserve Board (the Fed) have referred to the action of raising federal funds interest rates as taking away the punch bowl at the party. After finally arousing from sleep after the inflation fire was already getting out of control, Fed Chair Jerome Powell has [...]
I know that many of you reading this column are investors with a long term perspective who generally hold your positions for years. Therefore, today’s message is particularly for you. Since applying technical analysis is definitely not easy or perfect and is labor intensive, keeping stock, bond, or mutual fund [...]
At Stewardship Capital we recently celebrated our 25th anniversary in business. Before 1997, the idea of an independent advisor actively managing the portfolios of clients who were not high-net-worth was quite rare. (Honestly, in many ways it still is 25 years later.) At that time most individuals invested their money [...]
A perceptive client just asked, How is it that a positive jobs report came out last week and the Market proceeded to drop? Great question, I replied. This phenomenon occurs regularly. It is difficult to understand unless one looks at the effects of the news for the intermediate term, months [...]
I’m convinced pain is just ahead and that it’s exactly the medicine we need. As much as I’d like to get it over with, nice and fast like, I’m afraid what we will get and really need is a period of prolonged pain. The good old-fashioned type where you find [...]
Driving through my neighborhood yesterday I saw something I haven’t seen in a while, a home with a for sale sign in the yard. The housing market has been so red hot for so long, that signs don’t even have a chance to hit the ground before the home owner [...]
Just in time for football season to start, the state of Kansas legalized sports betting for both residents and non-residents alike this past week. Since this is a money column, I thought it would be only appropriate to speak on the topic of sports betting. I won’t comment on the [...]
A little over a year ago, my wife and I were in the market for a new vehicle. Our kids were getting older and we found our sedans were just not large enough for our needs and purchased a newer SUV. We no longer needed one of the cars, but [...]
