As Joe Biden's poll numbers continue to increase, the chatter on Wall Street seems to be this is a good thing for the economy and the markets. I don't know if they are trying to do what they always do – providing justification to own stocks regardless of what is happening
Tag: Musings
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 technically hit the "correction" level at one point last week, falling 10% from the highs. After a brief 7% drop in June, stocks had rallied 20% to cap off an impressive summer. Some investors probably feel like this poor guy from the Cowboys.
There really wasn't any
Last week as we crossed the 200,000 death total in the US we crossed the 6 month anniversary of "15 days to slow the spread" of the Coronavirus. From the outset I have cautioned us from using Hindsight Bias to question decisions made at the time. We've certainly learned
I had my annual medical check-up this morning. With that in mind, I thought I'd do a quick check-up on the market.
Stocks are VERY Overvalued
The S&P 500 has dropped nearly 8% since September 1. This isn't the first time it's dropped this much during the parabolic