Summer officially began over the weekend, meaning we spent the entire spring season in the midst of the Coronavirus pandemic. I don't know about you, but I'm drained. I'm tired of hearing confident predictions of the outcome when nobody has any idea how this is going to play out. We've
Tag: Weekend Reading
We keep hearing about the buying opportunities that have developed due to the COVID-19 pandemic. For the first time in at least 10 years, I'm finally excited about the buying opportunities that have developed. No, I haven't gone crazy after two weeks in our home/office. This is exciting!
Stocks are looking to have the best week since the 1930s. Of course this follows the worst week since the same time frame. The constant theme I continue to hear is "stocks are now undervalued" or "this is a once in a lifetime buying opportunity". The people saying this must
The headlines this week were alarming. On Monday we saw "Worst drop in 12 years", "Trading halted", "Credit markets seizing up", "Oil prices crash", and many more were all over my smart devices. Thursday was even worse with the "worst loss since 1987" headlines. Hopefully readers of this blog were
When your only tool is a hammer, everything looks like a nail.
This was the first thought that came to my mind on Tuesday when the Federal Reserve announced an emergency rate cut of 0.50%. We saw a Pavlovian reaction by market participants with stocks rallying 3% in the