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Wealth 101
January 13, 2020
I'm Still Standing!
I’m still standing! Stocks sold off on Friday after the Dow briefly topped 29,000 for the first time. A miss in unemployment data gave the bulls, and me, a needed day of rest.
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January 9, 2020
Step Back
Step back. Stocks rallied yesterday as the US and Iran signaled an end to the escalation of hostilities following an Iranian missile strike on Tuesday night. Strong economic numbers continue to bolster rising stocks.
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January 8, 2020
That's all you got?
That’s all you got? Stocks slid moderately as the war of words kept Middle East tensions front and center. Investors had lingering worries about a conflict with Iran… not so much.
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January 7, 2020
Fuhgettaboutit
Fuhgettaboutit. Stocks bounced around yesterday on multiple conflicting news reports, ultimately closing in the black as investors moved beyond geopolitics. A good rally couldn’t be put down as investors chose bulls over bombs.
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January 6, 2020
Defense
Defense. Markets were roiled on Friday in response to an American drone strike which killed Iran’s top military commander. Bad economic data was largely overlooked in the market mayhem.
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January 3, 2020
Ready, Set, Go Go Go!
Ready, set, go go go! Stocks started 2020 with a sprint right out of the gate on raw optimism and a little help from the Chinese Central Bank. Monetary easing started the rally in Asia and Europe and spread to the US for another record session.
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