It's a short week for the markets with both stock and bond markets closed on Friday ahead of Independence Day on Saturday. With so much uncertainty our brains are struggling to decide whether to focus on the positives or the negatives. It's human nature. The more uncertain the environment the
We are all being bombarded with charts, data, projections, opinions, and webinars on what will happen with the economy and the stock market. Advisors and investors alike are scrambling to come up with a plan. As you work on them, here are 10 thoughts to consider:
1.) Clearly the stock
If you're like me, you've been inundated with COVID-19 updates. I hit the breaking point this morning and recorded this video. Compared to the 60 minute long webinars everyone keeps sending me, I hope this 10 minute video tells you everything you need.
Here are some of the highlights:
I've spent my entire career criticizing the Fed. A group of academics sitting around trying to control the economy with interest rates and the various other vehicles always ends up causing additional problems elsewhere. I've argued for the past 10 years the Fed would again create bigger problems due to
For the second time in a few weeks, the Federal Reserve took "emergency actions" to help offset the impact of the COVID-19 panic. This time they resorted to slashing interest rates 1% -- all the way down to 0% as well as launching another round of Quantitative Easing (QE4) totaling
