Do not chase stocks
Commodities are soaring. Interest rates are falling. Stocks can’t get out of their own way. All of this is occurring while the first war in decades continues to rage in Ukraine. Seems to me that any gains in the market averages next week will remain dead cat bounces in this bear market. Yes, I hate…
By Bill Schmick
March 4, 2022
You’ll pay more, and you’ll like it!
Usually, when inflation creeps up, consumers switch buying habits. If beef prices go up, consumers buy more chicken. Or, if the kids’ shoes are too costly at Macy’s, parents might go to Target or Walmart. Generally, that’s not occurring in this cycle. I present those specific names as conceptual examples. Walmart is doing quite well….
By Allen Harris
February 28, 2022
Inflation is costing you an extra $276 a month
Inflation jumped 7.5 percent from last year, according to the Bureau of Labor Statistics’ Consumer Price Index. Moody’s Analytics compared that rate to inflation in 2018 and 2019, which was around 2.1 percent. They concluded that the excessive inflation costs the average U.S. household $276 per month, or $3,312 per year. And here (among other things) is…
By Allen Harris
February 22, 2022
When the chips are down
“When the facts change, I change my mind. What do you do, sir?” …
By Allen Harris
January 31, 2022
The biggest problem for small businesses is no longer the labor shortage
The biggest problem facing small business owners is no longer the labor shortage — it’s inflation. That is according to a December 2021 survey release by the NFIB Research Foundation. Shortly after the release of this survey, inflation clocked in at 7 percent over the past year, the highest measure of the Consumer Price Index (CPI)…
By Allen Harris
January 18, 2022
ABCDEFU
“I was into you, but I’m over it now. And I was tryin’ to be nice, but nothing’s getting through, so let me spell it out.” —Gayle (to her ex) and fixed-income experts (to Allen Harris) Before I get into it, they say never bury the lead: There’s an increasing chance that the losses we’ve…
By Allen Harris
March 7, 2022