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Category Archives: Economy

January 1, 2024

“Youth is when you’re allowed to stay up late on New Year’s Eve. Middle age is when you’re forced to.” —Bill Vaughan (a little levity but so true!)   We all hope you enjoyed a wonderful Christmas and Holiday Season. Today is the first day of the New Year. Last week, the markets finished a […]

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December 11, 2023

“The most important quality for an investor is temperament, not intellect.” Warren Buffett   Short and sweet, Stocks rallied on Friday following moderately strong, jobs data. The major indexes each rose putting them all in positive territory for the week — their sixth straight weekly gain. The S&P finished up .88%, the Dow Jones Industrial […]

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December 4, 2023

“A great business at a fair price is superior to a fair business at a great price” Charlie Munger Vice Chairman Berkshire Hathaway As we closed out a great month, I thought it was appropriate that I quote the great Charlie Munger who passed away last week. The bulls continued to run as the market […]

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November 27, 2023

“I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.” Warren Buffett.   Stocks ended mostly higher in a relatively quiet and thin, abbreviated trading session Friday, with major indexes scoring a fourth straight weekly rise. Trading closed at 1 p.m. For the week the S&P […]

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November 20, 2023

“We must find the time to stop and thank the people who make a difference in our lives.” John F. Kennedy   As we start Thanksgiving week, I thought it would be appropriate to remind all of the many blessings God Almighty has given all of us, we are most appreciative of the faith and […]

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November 13, 2023

“The idea that a bell rings to signal when to get into or out of the stock market is simply not credible. After nearly fifty years in this business, I don’t know anybody who has done it successfully and consistently. I don’t even know anybody who knows anybody who has.” Jack Bogle Founder Vanguard Funds […]

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November 6, 2023

 “Stock market doesn’t only teach how to make money but it also teaches lot about life, patience, persistence and wisdom.” Raj Mishra Ho-Ho-ho- how did I know? Is it time to crow? Is the Santa Claus rally I argued for beginning? Well, after last week, it certainly looks like the bulls were let out of the […]

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October 2, 2023

“Inflation is taxation without legislation.“ Milton Friedman     As we close the 3rd quarter, the final week of September proved to continue the effects of both inflation and taxation on the middle class. Here are the weekly numbers: Stocks closed mostly lower on Friday, with the S&P 500 booking its biggest drop in a […]

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September 25th, 2023

“The function of economic forecasting is to make astrology look respectable.” John Kenneth Galbraith That has certainly been the case lately, as we come to the close of the 3rd quarter, we have seen a spectacular July, anemic August and a schizophrenic September. Here are the numbers from last week: the S&P 500 ended the […]

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Another Roller Coaster Week…

September 18, 2023 “The only investors who do not need to diversify are the ones who are right 100 % of the time.” Sir John Templeton. Another roller coaster week with high expectations dashed on the last day. Despite some big moves to the upside, the S&P 500 ended the week with a slight loss […]

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