A Crisis of Confidence
Have you ever reflected on the foundation of the financial system? What comes to mind? Banks, investors, the stock market, the bond
Hitting the economic gas pedal stymies stocks
“Usually, recessions sneak up on us. CEOs never talk about recessions,” economist Mark Zandi of Moody’s Analytics
A cautious, upbeat start to 2023
There was no shortage of gloom as the new year began. The Federal Reserve was signaling higher interest rates, and its
For years Wall Street gurus espoused an asset allocation model of 60% stocks, 40% bonds. The idea was that a generous allocation to equities would provide for
The year 2022 was an unpleasant one for investors. The Dow Jones Industrial Average (30 stocks) and the broader-based S&P 500 (500 stocks spread across major
Crypto crash
Stocks have been battered by the Federal Reserve’s quest to rein in the highest rate of inflation in 40 years.
So far, however, investors have
Is crypto currency (crypto) a chimera or a true investment? Per Merriam-Webster’s dictionary, one definition of a “chimera” is “an illusion or fabrication
Storm clouds in September give way to a sunnier October
For reasons that are not fully understood, September has historically been the worst month for stocks
For reasons that are not fully understood, September has historically been the worst month for stocks, according to the average S&P 500 return for each month
Pivoting away from a pivot
In July and into August, investors were warming to the possibility of a dovish reversal in Fed rate hikes early next year—a pivot
The Fed’s medicine for inflation
The Federal Reserve has been grappling with the worst inflation in over 40 years. Of course, it’s not just the Fed. Equity
