American Values Impact Financial Choices | Conscience or Money?
Charles Schwab’s sixth-annual Modern Wealth Survey revealed that people with money do have a heart. Almost three-quarters of the American respondents (73 percent) say that their values govern their life decisions. And almost as many (69 percent) say their top financial considerations support causes they care about. When deciding where to place investment dollars, Americans consider such…
By Allen Harris
June 13, 2022
Want to predict tomorrow’s stock market? Watch corporate insiders today.
It’s a fool’s errand to try and stick the landing and call the end of a bear market down to the exact day. Nonetheless, on February 7, 2022, this fool argued that there was a six-in-10 chance the stock market would bottom on May 22, 2022. I’m dying to find out if I’m right (or…
By Allen Harris
May 23, 2022
Stock Market vs. Fed Rate Hikes in Volatile Market | Investor Pains
On June 15, 2022, the Federal Reserve’s Open Market Committee (FOMC) raised the federal funds rate to 1.65 percent. They vowed to “undertake open market operations as necessary to maintain the federal funds rate in a target range of 1.5-to-1.75 percent.” Let’s call it 1.75 percent for today’s discussion, which is in line with the…
By Allen Harris
June 27, 2022