Today was a bad day in the market. The Dow Jones Industrial Average dropped 1,164 points, which is 3.6%. The Nasdaq Composite index dropped 4.7%. These are some of the biggest daily drops since June of 2020. By contrast, the Dow surged 2.8%, while the Nasdaq rose 3.2% only 14-days ago, on May 4th. To …
One Day Up, Next Day Down…Trying to Find a Direction Read More »
Recently the yield curve inverted for the first time since August 2019 (which means that long-term interest rates have dropped below short-term rates). Why do we pay attention to this? Because this inversion suggests that investors believe the near-term economy and markets to be riskier than the long-term. This recent inversion in the yield curve …
Inverted Yield Curve + Inflation = Stay the Course Read More »
I probably don’t need to restate the impact that current global events and economic policy changes are causing. I’m also certain that not only have you been receiving non-stop coverage from your own news outlets, but you’ve been feeling the effects of these economic changes in your pocket book as well. It is at these …
On a personal level, I am a planner. On a professional level, I am a Certified Financial Planner. I prepare (and plan) for what I believe is coming, monitor the situation as a participant, and have a contingency plan to fall back upon if my primary objective(s) cannot be accomplished. To some, I over think, …
