“Wet Paint” – Don’t touch. But, people do it anyways.
Stocks fell Friday after a weak jobs report added to speculation about the Federal Reserve's plan to taper its bond-buying program. September was the slowest month for job growth this year, with just 194,000 jobs added compared to consensus estimates for a...
Covid – Please go away
The stock market bounced back on Friday after the major indexes suffered their worst month of the year in September amid rising fears of inflation, slowing growth and rising rates - the Dow Jones was down 4.3%, the S&P 500 fell 4.8%, and the Nasdaq Composite was...
China does it again – Wipes out billions of dollars in investments
In just one week, China curtailed the property sector and killed the crypto currency market. The week began with Evergrande which indulged in rampant borrowing that triggered the ire of Xi Jinping. Without even waiting for the Evergrande investors to lick their...
Bad news bears are looking for a correction
The calls for a stock market correction are beginning to blow through Wall Street. Deutsche Bank cautioned on the chance for a near-term correction in markets. Bank of America also issued a warning. Like clockwork, the S&P 500 endured another mid-month swoon. But,...
What spooked the market this week?
The S&P 500 had its worst week since June, down 1.7%. The Dow and Nasdaq declined as well, down 2.2% and 1.6%, respectively. Primary reasons for the decline was over inflationary pressures and the Federal Reserve’s plan to pull back on bond purchases later. The...
More reasons to avoid Chinese stocks
Every week brings more bad news for investors in Chinese companies. The latest victim is the video game sector, following a clampdown on ride hailing services, e-commerce platforms and education sectors not too long ago. On Monday this week, China imposed a new rule...
It is time to exit China
As the delta variant of the Covid pandemic continues to work itself back into the lives of the vaccinated population even as the unvaccinated struggle to procure enough supplies to inoculate themselves, we turn our attention to the country that began this pandemic in...
Beware of becoming greedy – Part Deux
In an environment of record savings and uncertainty lingering around the delta variant, the desire for safe investments i.e. bonds, has been greater than ever. But, rising inflation has messed up that equation. With inflation running higher than 5%, bank interest...
Beware of becoming greedy
With the markets at all time highs, it is easy to dismiss 15-20% returns year to date from the indexes and look for even higher returns. After all, we are human. Nothing is enough. But the market has its seasonal swings and it is fully possible that come September,...