Next week, Wall Street’s big boys return to their offices. Campaigning for mid-term elections moves to the front burner, and tariff threats between the U.S. and China will likely escalate. Welcome to one of the worst months of the year for stocks.
A Few Dollars More
If you are a small business owner and are toying with the idea of someday selling your company, you should pay attention. Only one in five small businesses put up for sale result in a closing. How do you become one of those success stories?
As of Friday, we were in striking distance of a record high on the S&P 500 index. We have been here before, but something tells me that this time we just may break through. But for how long? Granted, stock market volumes are exceptionally light, which is understandable, since we are heading in to one of the slowest weeks of the year. That makes any new highs suspect until volume improves. We would need to wait another week or so for that to occur. Next weekend is Labor Day and it is only after the holiday that the Big Boys…
In today’s world, the idea that you should prepay, or at least set aside some money to cover your funeral expenses is gaining traction. Given the escalating costs of paying for a loved one’s funeral, it is no surprise. Most of us don’t want to face it, let alone discuss it. In some quarters, it is “bad mojo” to consider planning for your death, so pardon me for bringing up such a squeamish (some might say ghoulish) subject. But as your fiduciary in all things financial, I feel obligated to discuss prepaid funeral expenses. This year, I was introduced to…
It is that time again. Stocks are entering the weakest time of the year on a seasonal basis. It is also a mid-term election year. Both factors could combine to keep the averages in place for a few months longer.
Turkey, a country that represents about 1% of the world’s gross domestic product, has suddenly become a cause of concern for investors worldwide. Both developed and emerging financial markets have plunged over the last week as that country’s currency plummeted. Fear that this tiny country’s problems could somehow spark a global financial contagion has everyone on edge.
The S&P 500 index is within a hair’s breadth of breaking out. This week we topped 2,850, which we haven’t done since March. The record high for the index in January was 2,872. Can we top that?
This month would be a good time to go on vacation. Otherwise, you might be tempted to do something rash like chase stocks or sell at their lows. That is the kind of market volatility investors should expect in August.
There was a time, back in the late Nineties, that publicly-traded stocks were the envy of all companies, great and small. But times have changed, and since then the number of public companies have fallen by 50%.
The Tax Cut and Jobs Act of 2017, together with rising interest rates have changed the calculus in determining whether to pay down your mortgage or let it ride. Let’s examine the pros and cons.
As the second quarter earnings season go into full swing, investor’s focus is divided between what is happening on the trade front and the latest earnings result. Overall, good earnings are trumping Trump’s trade war for now.
Chances are, if you are over 50, you have probably never heard of “Fortnite,” a video game that boasts over 40 million players worldwide. Those with children, however, may not only know it, but are playing it themselves.
It’s the same old song. It has been playing over and over since the end of January. Higher interest rates, a stronger dollar, and, of course, the inevitable and meaningless stream of tweets from our Tweeter-in-Chief are keeping stocks range-bound. How long will this condition persist?
Tariffs on $34 billion in Chinese imports were imposed, as expected, last week. China responded with $34 billion of their own tariffs on American imports. So far, this has been a zero-sum game. The question that investors are asking is whether or not the trade war will escalate.
While the stock markets meander through this sultry summer, bond investors are glued to the yield curve. What, you might ask, is the yield curve?
It’s been over ninety degrees for days. If you are like most of us, it’s a bit harder to give it your all at work, even if you have an air-conditioned office job. Now imagine the same thing happening to millions of workers all over the nation.