Sharing Our Financial Wisdom through Articles
The Fed’s Two Hats
"Your state trooper dad wrote you a ticket?" A girl I knew in high school caused a wreck in front of her house. Her dad ran out of the house to make sure she was ok. Once he knew she was unhurt, he walked back into the house and got his ticket book. It was a difficult...
It shot out from the left side of the road and hit me before I could even hit my brakes. I was driving one night years ago on a two-lane road when a whitetail deer jumped a fence out of nowhere and hit me broadside. I almost wrecked, not because of the collision but...
Financial management news and insights from Fervent Wealth Management in Springfield, MO. “A hard economic landing describes when the economy leaves a difficult time, and the US falls into a recession.”
Financial management news and insights from Fervent Wealth Management in Springfield, MO. “Marketwise, February was disappointing, with the S&P 500 Index being negative 2.3%, according to LPL. Investors might need to be encouraged to stick to their investment plan.”
Financial management news and insights from Fervent Wealth Management in Springfield, MO. “While stocks are up so far this year, they’ve done so with a surprising trend: declining profit margins at big US companies.”
Financial management news and insights from Fervent Wealth Management in Springfield, MO. “The annual inflation rate went down in January from December and is now the lowest since October 2021.”
Good So Far
Financial management news and insights from Fervent Wealth Management in Springfield, MO. “Inflation continues to be high but steadily decreasing, and the Federal Reserve is expected to end rate hikes by spring.”
I think Valentine's Day is a marketing scam. It sets expectations that are hard to beat. I love my wife and still can't believe she went out with me, let alone is still married to me after 26 years, but Valentine's is tough. It comes with expectations. Wives aren't...
Bumpy Dirt Roads
“There’s a bumpy dirt road before you get to the paved road.” Rough dirt roads were part of my everyday life while growing up in the country. To get about anywhere, you first had to navigate a bumpy road before getting to the good one. I expect the market in 2023 to...
Stocks in 2023
My mom always had to tell me, “we aren’t opening any presents early.” Christmas Eve as a child was tough because I didn’t like to wait. I was the “can’t we just open one present tonight” kid. Marketwise, things are about to change for the better, but we have to wait a...
The Buzzkill Federal Reserve
“The next person who slide tackles is kicked out of school.” I loved our principal, but he was our good times’ buzzkill. In high school in the 90’s, some buddies and I started this game where we would run down the hall and slide to take out a buddy walking down the...
Better Than I Remembered
“We had a fountain under our wedding cake?” A few days ago, on our 26th anniversary, we watched our wedding video for the first time in 20 years and were surprised by a lot of it. Most notably, neither of us remembers having a beautiful fountain under our tall wedding...
Headline consumer inflation (inflation with food and energy prices included) slowed last month to 7.7% from 8.2% based on a year-over-year comparison.
The markets like December. Investors and financial advisors are more bullish (optimistic) in December than in any other year.
Stocks Rise First
The stocks tend to bottom out and start getting better long before the economy does.