We all know simply changing the calendar doesn't change the environment, but after enduring all the terrible things we faced in 2020, most of us were hoping 2021 would be nothing but good news. That hope was shattered on the 6th day of the year last week. I think we've
Tag: Economic Update
Winter has arrived here in Virginia. We woke up to snow flurries south of Richmond. You'd think with virtual school there would be no more snow days, but that is not the case apparently even with the snow not sticking to the pavement and expected to be done by 10
This morning we woke up to some encouraging news on a Coronavirus vaccine. 35 weeks after the US began to panic, it seems investors/speculators are banking on a huge economic comeback. We'll leave the speculation to them and stick to the data.
2020 just keeps on giving us more and more crazy news. With the President dealing with COVID19 along with a large number of people from his administration and members of Congress, the market and economy has yet another unknown to deal with. We don't like dealing with unknowns and will
Stocks are a forward looking mechanism. That is drilled into our heads constantly. It means stock market participants are constantly looking ahead at what the future will look like and then assign a "fair" price today to whatever you think the future will hold. The problem with that method is