If I told you at the start of the year we'd have the second largest bank failure in the history of our country in March, you'd probably expect the stock and bond markets to have a rough quarter. While we saw a short sell-off, stocks finished the month with a
For those of you who watched the Super Bowl yesterday, especially if you live on the east coast, I will keep this week's entry brief. I will say the same thing I've been saying for at least 20 years – if Congress wants to do something (or the President wants to
During a bear market each countermove is closely examined. Our sensitivity is heightened because psychologically losses cause twice the emotional response as gains. Throughout the year we've warned about not being sucked into the inevitable bear market rallies. The 3rd quarter started with a huge rally in October with November
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
The third quarter is in the books and like the past two we saw stocks and bonds declining. Even inside of a bear market we should see a bounce. As we've been warning throughout the year, just because the market is able to rally it doesn't mean the bear market
