August 24: Inflation still appears as mostly a supply-side phenomenon which is exacerbated from time-to-time by strict, zero Coved tolerance from the Chinese government that leads to shipping port shutdowns. September will see supplemental unemployment end in all States which will ameliorate the supply-side constraints in the U.S. to some degree. The Delta variant is… Continue reading August Stock and Fund Picks
Category: Current State of the Economy
No longer a Republican
I am repelled by Lindsey Graham and the Trump supporters in the Republican Party. I encourage others who can no longer tolerate the lying, ignorant, KKK affiliated Republican party to also drop out. However, I will also never be a Democrat. Thus, I am now an “Independent.” Moderate Republicans leaving the Republican Party will allow… Continue reading No longer a Republican
May Stock and Fund Picks
May 6: The mild and steady start for this year should not lead to complacence. Further stimulus and strong corporate earnings portend that a steady-as-she-goes stock market could continue. Recent worries have arisen due to the fear that central banks could start to ease off on monetary support, as the Bank of Canada has begun… Continue reading May Stock and Fund Picks
February Stock and Fund Picks
Their are two recent positive developments. First, it looks like the stimulus package just needs to work its way through the Senate so it is likely the government will pay out stimulus checks sometime in March. Second, the single-shot nature and easier storage requirements of the newly approved J & J covide-19 vaccine should help… Continue reading February Stock and Fund Picks
January Stock and Fund Picks
The state of the economy is generally positive. Pent up demand will continue to be unleashed as vaccinations increase but don’t expect a new Covid-19 stimulus bill until mid march, if then. Also, expect a re-allocation of resources away from oil and gas and towards renewables. As far as new policies that effect the economy,… Continue reading January Stock and Fund Picks
December 2020 Stock and Fund Picks
The market appears like it will be strong until mid January 2021. No one wants to sell gains at this time so it will remain somewhat overbought. That said, the Biden administration will be a lot less volatile and thereby contribute to increased market stability — especially regarding tariffs randomly and thoughtlessly applied. Moreover, gridlock… Continue reading December 2020 Stock and Fund Picks
March 2018 Stock State
March 1st Update: Headwinds from trade wars are on the way. This, as indicated in the February Stock State, is our biggest stock market worry. Why are tariffs on steal and aluminum such a problem? Trade theory, not stock market talking heads, is the answer. Tariffs on specific commodities imposed by a large nation such… Continue reading March 2018 Stock State
February 2018 Stock State
February 12 update: The correction or pull-back of about 10% is running its course. Much of the attention focused on headwinds created by higher interest rates (as the 10 year government bond heads for 2.9% is an overstated concern. Imagine you are flying a small airplane into a headwind. The FED has helped you (the… Continue reading February 2018 Stock State
January 2018 Stock State
The economy continues to do well, but not too well. That is, it is chugging along rather steadily but not so fast as to suggest closing in on the next recession any time soon. The stock market is not always in lock step with the economy because it rests on not only fundamentals, but such… Continue reading January 2018 Stock State
December 2017 Stock State
December 1, 2017 update: Do not follow the herd, especially if it appears panicky. You’ll just run off the cliff with everybody else. If spent all your cash because you thought this correction would be like previous ones that were short in duration, just act like Warren Buffett and be patient. All good things come… Continue reading December 2017 Stock State