A Recession of the “Have Nots”

A Recession of the “Have Nots”

by | Sep 16, 2024 | Economy

September 16, 2024 We could be in the weirdest recession in U.S. history. In truth, I think we’re already in a recession, and it’s not like those we’ve experienced in the past. While it could prove to be mild overall, it’s hitting the least wealthy Americans...
Fear is Back

Fear is Back

by | Sep 5, 2024 | Economy

September 9, 2024 Towards the end of July and early August, fear took over markets. On Aug. 5, it evolved into a full-blown panic that hit everywhere. The CBOE Volatility Index (VIX) is often considered the market’s fear gauge. It measures expectations for near-term...
We’re Likely Getting Closer to That Next Pullback

We’re Likely Getting Closer to That Next Pullback

by | Aug 26, 2024 | Economy

August 26, 2024 Right now, the stock market has an eerie similarity to the summer of 2023. The S&P 500 index was up 16% in 2023’s first half as it climbed out of a bear market. Things were looking good until the end of July, when stocks fell 10% in three months....
You Can’t Build a Dollar Out of BRICs

You Can’t Build a Dollar Out of BRICs

by | Aug 19, 2024 | Economy

August 19, 2024 The U.S. dollar is the world’s reserve currency. It’s held in large quantities by central banks and major financial institutions, and many commodities are priced in dollars. It’s considered safe for international transactions, international...
The S&P 500 Isn’t as Diversified as Most Think

The S&P 500 Isn’t as Diversified as Most Think

by | Aug 12, 2024 | Economy

August 12, 2024 One of the most overused investing phrases is, “Don’t put all your eggs in one basket.” It’s a warning that owning too much of one type of asset can expose you to downside risk. Conventional wisdom suggests owning 20-30 stocks to be properly...