Weekly TGIF

Fast & Furious

I literally wrote two pieces earlier today, only to ditch the first, then the second, because the Market moving events kept building hour by hour. I decided just to wait until the Market closed for the…
August 23, 2019
Weekly TGIF

The Politics of China

We pay very close attention to politics, as they have significant influence on the Market. Our job is to interpret developments and anticipate impacts. It can be a tough task, considering how emotional and divided our nation…
August 16, 2019
top financial advisorsDark and Early

Monday – August 12, 2019

Market opens with a downward bias again, as the situation in Hong Kong gets worse. The level and scope of protests have expanded. So has the violence. The Hong Kong airport, one of the busiest in the world,…
August 12, 2019
Weekly TGIF

Interest and Negative Interest

This was an incredibly volatile week. The Stock Market was like a rollercoaster, with deep dives and massive surges which whipsawed investors around, but it ended the week at roughly the same place it ended last…
August 9, 2019
Weekly TGIF

Expansions, Indicators and Assets

This is officially the longest economic expansion on record in the US. Gross Domestic Product has now increased for 121 consecutive months, outdistancing the growth in the 1990s. The economy expanded at a 2.1% annual…
July 26, 2019
Dark and Early

Monday – July 22, 2019

Market opens higher to begin the new week, and what a week it will be. Earnings Season hits full stride with roughly 1/3 of the S&P companies reporting numbers for Q2. It is a star-studded…
July 22, 2019
Weekly TGIF

Small Steps & Giant Leaps

This weekend marks the 50th anniversary of the Apollo 11 mission. On July 20, 1969, astronauts Neil Armstrong and Buzz Aldrin landed on the moon. "That's one small step for man, one giant leap for…
July 19, 2019
Dark and Early

Monday – July 15, 2019

Market opens flattish to begin the new week. Earnings come into focus. Expectations are for a contraction in Q2 numbers, but the big question is, what matters most: earnings or the Fed? The narrative has…
July 15, 2019
Weekly TGIF

Where’s The Money?

I visited the Federal Reserve Bank of San Francisco this week. It is the 12th District of the Fed, with oversight of the nine western states, including Hawaii, plus the Pacific territories. Of the 12…
July 12, 2019