Season’s Greetings, Happy Holidays and Merry Christmas, and a Happy last full day of Hanukkah, to all! As 2020 draws to a close, we have much to be thankful for, and much to look forward to. Hopefully, none of you have been seriously touched by COVID – make sure you stay that way! Despite the …
The markets continue to soar into record territory, even in the face of grim COVID and economic news. Prices have rarely been so puffed up and beyond economic justification. That don’t mean they won’t keep rising at least for a time! From the Wall Street Journal: “ Rarely have investors had better reason to be …
The drumbeat of good news from Big Pharma on the COVID vaccine continues this week with an additional candidate – with Moderna’s vaccine results, said to be about 95% effective, and Pfizer and Biontech’s update to about 95% as well. This is huge and wonderful news, and well beyond COVID. It really heralds a new …
It’s no surprise that the stock market is roaring again, fueled by Wall Street’s cheer of the president election results, and supercharged by the positive news of a COVID-19 vaccine , with Pfizer announcing that the coronavirus vaccine was 90 % effective this week.
As I write this late the day after the presidential election day, the world remains in deep flux. The election results are still undecided, and with both sides preparing recounts and lawsuits, it may not be for some time, even if official winners are finally called. The Trump campaign says it will sue to stop …
As many of you have no doubt noticed, the market’s been in a bit of a downtrend lately with a pretty significant sell off today, Wednesday, which is widely ascribed to the market’s reminder that COVID is still a significant problem. The numbers are up across the board in the US and across most of …
Before I get started, I must say the whole gloom and doom mantra is new to me. It is not my natural state. Rants about what the government owes, raised taxes and the budget deficit are not among my favorite things. But you must wonder about the Donald Trump tax cuts, the Joe Biden tax …
Read moreWhat Will Election Day Results Mean For Investors And Retirees?
It is the beginning of the fourth quarter of this most interesting year of 2020. Not a whole lot to report on, but a couple of quick updates. The first is I’d like to share we’ve had some limited feedback from folks that have been watching your statements and confirmations. But this new initiative for …
Will the Covid-19 crisis, piled on top of the new Cold War with China, civil unrest, and the increasingly contentious 2020 Election trigger an economic cataclysm?[/caption] Wealth warning! Global (economic) Chilling is forecast to unleash profound economic distortions that could prove highly hazardous to your wealth and upend your financial goals! Is an investors’ Perfect …
It’ll come as no surprise to most of you that it’s been a pretty traumatic day in the markets. Significant drops across the board. Nasdaq pulling back five percent- which is a huge deal. This is the technology heavy sector in our view way overextended Apple, Microsoft and Google, Facebook, all trading crazy valuations. Not …
Read moreTech Stocks Plunge 5%…Is the Stock Bubble Beginning to Burst?
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