"It is likely that restoring price stability will require holding policy at a restrictive level for some time. History cautions strongly against prematurely loosening policy. We will stay the course until the job is done." - Federal Reserve Chairman Jerome Powell, November 30, 2022
The above statement is the only
Hopefully everyone had a safe and enjoyable Thanksgiving week. The stock market continued its latest bear market rally albeit on very light trading activity. The markets move in cycles and as we said for the last few weeks, it is important to understand this. Markets do not go straight down
Happy Thanksgiving week! I’m sure we have a lot going on and maybe don’t want to think about what’s going on with the market, so let’s keep this short. With a crazy market year starting to wind down, we have a new week of data to
The last two months, the focus of the mid-month blog was on the foundation of a biblical approach to finance. If you missed those 2 blogs, I encourage you to go back and read them before this one:
Fear and greed are both strong emotions which cause us to often make irrational decisions. During bull markets FOMO "fear of missing out" leads to seemingly unstoppable rallies despite little fundamental logic for the rally. Sure, we convince ourselves there is a good reason for a specific stock or the
