Last week, I mentioned being cautious about reading into market moves over the summer. It doesn't mean we can't completely ignore what is happening. Losses are losses and gains are gains. I highlighted 3 Themes that are worth watching. This week, the market is conflicted with two of the themes
Tag: Valuations
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
I've enjoyed the celebrations the past few weeks about how far we've come in the past year. I'm as excited as everyone about our ability to emerge from the pandemic. So many positive things happened in the past year. We of course have had many negative things happen.
The problem
Fool: A person who acts unwisely or imprudently.
We see a lot of this going around. I get it, 2020 was a tough year. I sometimes look around and cannot believe how much our country changed in a year. Seeing people wearing masks, the social distancing measures, the social unrest,
Last week Airbnb stock opened 115% above it's initial public offering (IPO) price. It closed up 113% on the day. When discussing it with Cody, our Client Portfolio Manager who holds an Accounting degree, he said, "That's just crazy. How does anybody justify that price?" When I mentioned it to