What’s On My Mind – Chat GPT

If you haven’t heard, Chat GPT is suddenly the most talked about innovation in the world of artificial intelligence (AI). This AI platform can, with some simple instructions, can generate “coherent, fluent text that feels human-generated”. My son, Reese, demonstrated...

2023 Off to a Great Start

January Excitement January turned out to be one of the best months the stock market has seen since 2019, and the first day of February wasn’t too bad, either. When you consider that the Federal Reserve’s board members met today and voted to raise short-term interest...

What’s Lurking Around the Corner?

Federal Reserve December Meeting As expected, The Federal Reserve raised short-term interest rates Wednesday by 0.50%, which brings the rate to around 4.5%. In the statement accompanying the move, Federal Reserve Chairman Jerome Powell’s use of the phrase “ongoing...

Is Inflation Coming to an End?

Has Inflation Peaked? Last week’s surprisingly positive Consumer Price Index (CPI) number created an upward surge in the market on Thursday and Friday. The October CPI was released, and the core rate of inflation at the consumer level rose by 0.3%, which beat the...

Bear Market Rally or Nah?

Current Conditions All eyes are still on the Federal Reserve right now. The expectation for the November meeting this week is that the Federal Reserve will raise interest rates 75 basis points. A month ago, the Fed clearly sent the message that they would do whatever...