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Wealth 101
November 6, 2019
Hangin’ on
Hangin’ on. Markets took a break yesterday, eking out some modest gains, as investors digested Monday’s big moves. Interesting news regarding a trade deal was not enough to organize the bulls for a second day.
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November 5, 2019
A Photo Finish!
A photo finish! Major indexes rallied to all time highs yesterday on trade optimism. The path of least resistance is up, up, up with decent earnings, trade progress, and a vigilant Fed.
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November 4, 2019
Labor of love
Labor of love. Stocks rallied on Friday, rejoicing a stronger than expected jobs number. Stocks ended the week in a happy place with two thumbs up from the Fed and a still-strong labor market.
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November 1, 2019
The sugar rush is over
The sugar rush is over. Stocks slipped yesterday on weak manufacturing data and some new trade uncertainty. Chile will not host the APEC summit at which China and US were set to sign a phase one agreement but the President assured us that a deal will get signed.
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October 31, 2019
A little off the top
A little off the top. stocks rallied yesterday in response to an expected rate cut by the Fed. The US economy is slowing but still growing, providing cold comfort to investors.
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October 30, 2019
A big day, indeed!
A big day, indeed! Stocks were off slightly yesterday as investors weighed in on earnings and awaited the Feds next move. Consumer confidence may be waning but still remains in a good place.
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