The Market from 30,000 Feet

The Market from 30,000 Feet

I’m sure you’ve noticed how different the countryside looks when flying over it in an airplane, so we are going to take a look at the financial markets from a similar perspective to see what we can glean. This first chart shows the S&P 500 Index over past 30...
A Peek into the Future

A Peek into the Future

My usual January comment is that I don’t like to make predictions about the financial markets. Psychologically, one tends to get anchored to a prediction they make, and if the markets behave differently, that anchor becomes a pull toward making poor investment...
A Goldilocks Market

A Goldilocks Market

There are many positives in the stock markets right now. The third year of the presidential election cycle, which is normally the strongest of the four years between elections, delivered good returns as expected. We are in the colder months of the year which are often...
Is a Market Crash in Our Future?

Is a Market Crash in Our Future?

The stock market had a nice rally recently, but we are still in a bear market, and although I don’t want to throw a wet blanket on the gains from the recent rally, I do want to talk about the potential for a continuation of the bear market and possibly even a stock...
The Fog of War

The Fog of War

When I was released from the army in 1974, I had been assigned to the Command Operations Center – the War Room – for US Army Alaska.  We made war plans, executed war games, and analyzed their outcomes.  One thing I learned during that period, is that regardless...
Economic Trouble Brewing in China

Economic Trouble Brewing in China

The economy today in China has many similarities to what happened some years back in Japan. After WWII, Japan’s manufacturing methods were more modern and proving superior to the US in many ways.  Japan was so successful that they were buying up iconic properties...