I've been managing money in the markets for over 30 years. We've had several periods of time where it was necessary to follow the news all day long. Nearly all of those times were due to some sort of crisis, whether it was the Asian currency melt-downs in 1997 and
I hate talking politics, but we've been fielding a lot of questions about the debt ceiling and the chances of default. I've actually been avoiding writing about this because every time I think about it, my blood pressure skyrockets. The fact that we are back here AGAIN is a failure
The US Government is out of money. Treasury Secretary Janet Yellen has said she is using "extreme, emergency measures" to move money between accounts in order to cover US obligations. She expects these methods to be exhausted around October 18. At that point the US would no longer be able
This week President Biden made a hard push for his $3.5 Trillion "infrastructure" bill. This came shortly after the House Ways and Means Committee released their proposed tax changes to help pay for the massive spending bill. I've received a lot of calls and emails from our advisors with
Back in 2019 the daily blog entries turned into a weekly "Chart of the Week". There just weren't a lot of different ways to say what was happening – stocks seemed to go up every week. Any drop of 3% was bought aggressively. Valuations were at levels that indicated long-term returns
