The primary rule of financial markets’ behavior is that Mr. Market will do whatever it takes to confound the greatest number of investors, market experts, et al. No one else could possibly be so fickle and unpredictable. I can safely say that almost no one expected the current bullish run [...]
This morning I received a call from a wise octogenarian client. Is it time to buy? he asked. What was he thinking? He described his experience of 1987. In October that year, the S&P 500 index dropped by 30 percent, over 20 percent on that one Monday, October 19. (Sounds [...]
Coronavirus is spreading around the globe and the world stock market has pulled back from the recent strong rally that started in the second half of 2019. It’s natural to be concerned from a health and wealth perspective. We have seen similar experiences in the past with SARS, bird flu, [...]
Some people love the Olympics and count the number of years until they will get to once again cheer on team USA. As a self-professed political junkie I sit in anticipation for a different type of sport that occurs every four years. I of course am speaking of the Presidential [...]
At Rotary Club of Independence on Tuesday, we heard Randolph G. Russell, a musician and businessman by past vocations. Now he is a historian and author by choice. He travels and encourages Americans to take up the cause of protecting our cultural heritage by promoting knowledge of our history to [...]
Fear over a major stock market decline continues to permeate the investor landscape. It’s amazing how high the level of fear is, considering the market has made recent all-time highs and remains within striking distance. The stock market has a history of fooling the most people, so is it possible [...]
Here at last, the dog days of summer. Under normal circumstances, the stock market would usually be swooning by now from lack of attention while Big Money folks hang out in the Hamptons, hike in Maine, chic stuff like that. But as the late, great Erma Bombeck said, Normal is [...]
In the past few years, the S&P 500 Index has had some good results when many investors’ portfolios have experienced lackluster to poor results. Lend me a few minutes and I will attempt to explain this and hopefully provide some light on the subject. A large part of this phenomenon [...]
The crazy market swings and slumps of the past 20 years were hard for anyone to stomach. It’s one thing when you are working and earning a paycheck. Time is on your side and you have the opportunity to buy “discounted” shares of the market. It’s entirely another thing when [...]
I may not have harped on the subject lately or you might have become a more recent reader of this column, but today—short and sweet—I am explaining why investors should be surprisingly hopeful and positive about the stock market in the next 12 -14 months. Long time readers can recite [...]
