Archived Commentary

3rd Quarter 2018 Commentary

Posted by on Oct 9, 2018 in Current Commentary | Comments Off on 3rd Quarter 2018 Commentary

2018 3rd Quarter Commentary PUTTING UP HAY IN THE BARN   As we approach autumn, many farmers are putting up hay. Farmers store hay because they know there might be a harsh winter, or a drought, when there might not be enough grass available for the stock. No one has ever been able to predict when the hard times will come, so farmers simply keep enough hay in storage to ensure they can get through a difficult time when it happens.   This same theory also works well with investments. In the investment business, “hay” = bonds, cash, and...

read more

2nd 2018 Quarter Commentary

Posted by on Jul 5, 2018 in Current Commentary | Comments Off on 2nd 2018 Quarter Commentary

2018 2nd Quarter Commentary BITCOIN, CRYPTO-CURRENCY, & THE WILD, WILD WEST Crypto-currencies began to emerge during the banking crisis of 2008. Over time, Bitcoin has become the most popular crypto-currency. In the early days, Bitcoin owners would contact each other and meet at Starbucks to swap Bitcoin for cash. Since then, there have been several groups that have tried to organize online exchanges. The one currently handling the most Bitcoin is a company called Coinbase. In January 2017, one Bitcoin was worth $1000. By December 2017,...

read more

2018 1st Quarter Commentary – ALARMISM SELLS!

Posted by on Apr 12, 2018 in Current Commentary | Comments Off on 2018 1st Quarter Commentary – ALARMISM SELLS!

2018 1st Quarter Commentary ALARMISM SELLS!   Yes, alarmism sells when you are trying to sell newspapers or air time on television and radio. However, it is not always helpful to us as investors. Lately, we are being told that we should be alarmed about the tariffs President Trump plans to impose against China. It is being referred to as the beginning of a trade war. China has a long history of hacking into companies in the United States, stealing trade secrets, and placing restrictions on us. On Wednesday, 3/21/2018, the Dow closed at...

read more

2017 4th Quarter Commentary – “IT’S THE ECONOMY, STUPID!”

Posted by on Jan 15, 2018 in Current Commentary | Comments Off on 2017 4th Quarter Commentary – “IT’S THE ECONOMY, STUPID!”

2017 4th Quarter Commentary “IT’S THE ECONOMY, STUPID” Bill Clinton, 1992 During Bill Clinton’s first run for President in 1992, his campaign slogan was, “It’s the Economy, Stupid.” It was a good campaign strategy. In general, if the public is experiencing a prosperous economy, they tend to want to stay with current leadership. However, if they are suffering economically, they tend to want to change leadership. It could be said that the phrase is also applicable to investing. Since 11/08/2016, the Dow Jones Industrial Average has risen from...

read more

2017 3rd Quarter Commentary – THE GOLD RUSH!

Posted by on Oct 11, 2017 in Current Commentary | Comments Off on 2017 3rd Quarter Commentary – THE GOLD RUSH!

2017 3rd Quarter Commentary THE GOLD RUSH! In 1849, gold was discovered in California. Back east, the media picked up on it and began to publish stories about people getting rich overnight in the California gold fields. As a consequence, thousands of people sold everything they had, pulled up stakes, and crossed the great American continent in hopes of striking it rich! A few of them made it, but many of them lost everything, including their lives, in search of the gold about which they had heard. Today gold is not being sold by using a...

read more

2017 2nd Quarter Commentary – WHAT IN THE WORLD IS “WANNACRY” RANSOMWARE?

Posted by on Jul 18, 2017 in Current Commentary | Comments Off on 2017 2nd Quarter Commentary – WHAT IN THE WORLD IS “WANNACRY” RANSOMWARE?

2017 2nd Quarter Commentary – WHAT IN THE WORLD IS “WANNACRY” RANSOMWARE? In 1988, the first computer plague was developed – a small program written as an experiment by computer scientist, Robert Morris, Jr. This plague, or worm, effectively shut down the internet. This was done inadvertently. In a more recent development, cybercriminals are beginning to attack via ransomware and Bitcoin. Using malicious content, the hacker infects your computer and encrypts its contents. The hacker then demands that you make a payment via Bitcoin...

read more

2017 1st Quarter Commentary – POLITICS AND THE ECONOMY

Posted by on Apr 20, 2017 in Current Commentary | Comments Off on 2017 1st Quarter Commentary – POLITICS AND THE ECONOMY

 2017 1st Quarter Commentary POLITICS AND THE ECONOMY We realize that many people supported the Trump presidential campaign, and many did not. However, since Mr. Trump was elected President of the United States, his agenda matters in terms of the economy. As we listed in our last quarterly commentary, there are three things the Trump presidency has announced it intends to do that could have an impact on the U.S. economy and, therefore, have an effect on the U.S. stock markets. As we listed them in our previous commentary, they are: Roll back...

read more

2016 4th Quarter Commentary – THE U.S. STOCK MARKET HITS NEW HIGH!

Posted by on Jan 10, 2017 in Current Commentary | Comments Off on 2016 4th Quarter Commentary – THE U.S. STOCK MARKET HITS NEW HIGH!

2016 4th Quarter Commentary –
THE U.S. STOCK MARKET HITS NEW HIGH!

Since the U.S. Presidential election, the Dow Jones Industrial Average has risen 1,803 points, from 17,959 on November 9th to 19,762 (on December 30th.) The 2016 Presidential election had the two most controversial candidates in memory. Americans had very strong feelings about which candidate was the best and which was the worst. Regardless of how you feel about the candidates, Mr. Trump won the election. Whether you agreed with Trump or disagreed with Trump, the important thing is to look at the things he is proposing:

read more

2016 3rd Quarter Commentary – HOW IN THE WORLD DID WE GET THESE NEGATIVE INTEREST RATES?

Posted by on Oct 20, 2016 in Current Commentary | Comments Off on 2016 3rd Quarter Commentary – HOW IN THE WORLD DID WE GET THESE NEGATIVE INTEREST RATES?

2016 3rd Quarter Commentary

HOW IN THE WORLD DID WE GET THESE NEGATIVE INTEREST RATES?

One of the most common questions we have had over the last few years has been about negative interest rates and why they are bing imposed by central banks.  As recently as June of this year, the Swedish National Bank, Swiss National Bank, Denmark National Bank, European Central Bank, and the Bank of Japan all had negative interest rates.

read more

2016 2nd Quarter – THE “BREXIT” VOTE: WHAT IT MEANS TO THE U.S.

Posted by on Jul 14, 2016 in Current Commentary | Comments Off on 2016 2nd Quarter – THE “BREXIT” VOTE: WHAT IT MEANS TO THE U.S.

As most of you know, “Brexit” was the term used to describe Great Britain’s recent vote to withdraw from the European Union. All the polls were indicating that they would vote to stay in the E.U., so when the citizens of the United Kingdom voted to exit t

read more