Articles

Sharing Our Financial Wisdom through Articles

Fed Pivot

Fed Pivot

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.

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December Bragging

December Bragging

The markets like December. Investors and financial advisors are more bullish (optimistic) in December than in any other year.

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Get Along Shirt

Get Along Shirt

Last week’s midterm elections gave us a mixed government, the political version of a big Get Along Shirt for the Republican and Democratic parties to wear together.

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Stop Talking

Stop Talking

Going into this month’s Fed meeting, everything was going well after the meeting when Chairman Powell kept talking and scared investors. Here’s how it went.

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Positive Signs

Positive Signs

The S&P 500 stocks have rallied in the last 30 days over 5%. They are reacting to a positive Gross Domestic Product (GDP) report and positive signs from Federal Reserve officials.

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Big Swings

Big Swings

The market was really swinging on October 13, 2022, when it swung 5.5% during a single day.

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Selling in a Downturn

Selling in a Downturn

The vaccine rollout and the reopening of more businesses led both the U.S. and global economy to grow considerably in April. The U.S. economy continues to ride the huge wave of stimulus money that was pumped into it during the height of the pandemic to the detriment...

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A Good Spark

A Good Spark

“I just need a good spark.” Our son was twelve years old when he bought a flint fire starter from Bass Pro, and he was struggling to light the fire in our firepit. He had his dry grass and small kindling ready, but he struggled to get a big enough spark from his flint...

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Uncertainty

Uncertainty

The last several weeks have seen a very uncertain stock market due to high inflation, Putin’s war, and rising interest rates. With these things in mind, here is what I’m thinking about for the rest of 2022.

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Playing Catchup

Playing Catchup

I had to make up points on the throwing events. It was field day at my elementary school, and I'd been paired in the running event with Shannon S, who could outrun me backward. He took off, and I tried catching up to him the whole race. He was already drinking...

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Big Drop

Big Drop

The markets had a big single-day drop on September 13, 2022. The Dow Jones index was -3.94%, S&P 500 Index -4.3%, and Nasdaq -5.5% making it the worst day in the market since June 2020, according to the WSJ.

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Just Do Something

Just Do Something

“Dad, will you help me change out my headlights?” My son is just days away from his birthday and getting his driver’s license. He bought a truck in May with his own money and can hardly wait for the freedom and fun that comes with a driver’s license. When it comes to...

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A Bumpy Climb

A Bumpy Climb

Since the market low on June 16, the S&P 500 Index has recovered 17% through August 16 but went backward over 3% as of August 25 (Yahoo Finance.)

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Unexpected Support

Unexpected Support

The market has been doing better than expected since mid-June. The S&P 500 is up 16% since its low point on June 16, and though still down, it was only 11% below its all-time high.

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Mood Swing

Mood Swing

This is a significant shift from the start of 2022 when investors preferred more defensive stocks, like utilities, health care, and food companies, which are preferred when investors are afraid of the market.

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Almost, But Not Quite

Almost, But Not Quite

“Ball two!” That hacked off my daughter who was pitching. She had great control and camped out in the “river” which is the black outline of home plate. The umpire wasn’t giving her the “river” as a strike and she was none too pleased. She didn’t say anything but the...

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