Jun 13, 2022 | Market Commentary
We’re all acutely aware of prices at the pump. In fact, my wife showed me a recent Facebook picture of a friend who filled up his pickup truck to the tune of $172.01. We’ll talk more about how high gas prices impacts our bottom line on everything, but let’s dive into...
Jan 6, 2021 | Market Commentary
2021 Economic and Stock Market Preview If you had told me back in March that the market indexes would be setting all time highs by the end of the year, I would have told you to get your head out of the clouds. As I mentioned back in March, the market correction was...
Sep 22, 2020 | Market Commentary
Market Uptrend Sustainable? The stock market’s uptrend seems to be hanging there, while the Federal Reserve has made it clear that it will continue to pump liquidity into the banking system. At least $120 billion per month, which is a $40 billion increase from...
Sep 22, 2020 | Market Commentary
Money Magazine just released their 2020 list of the best places to live in the U.S. and Rockwall ranked #4 on that list. Pretty high cotton. Below is a link to an article at Blue Ribbon News: Rockwall ranks in top 4 of Money’s ‘Best Places to Live in the...
Apr 17, 2020 | Market Commentary
April 17, 2020 So here we are in week 3—no 4, or is it 5?—of this shelter-in-place business due to COVID-19, and so much has happened, despite the fact that many of us are unable to do anything. Last month, the markets shot down 35%, an alarming rate. The potential...
Mar 18, 2020 | Market Commentary
It’s a little bit surreal. Just a few weeks ago, the stock markets were hitting all time highs, and now, in literally a matter of days, the markets have dropped to 2017 levels and may not be done yet. The volatility during each trading day has been...
Mar 12, 2020 | Market Commentary
A quick update on the current state of the markets and actions being taken. Right now, we are somewhat in uncharted waters. Typically, market corrections based on events are short lived and the rebound occurs rather quickly. The coronavirus and the price war in oil...
Mar 4, 2020 | Market Commentary
Good afternoon. This market update was initially supposed to go out sometime Monday, but my wife and I ended up traveling on Monday to be with my oldest son and his wife for the birth of their second child (our second grandchild). Mom and the baby are doing great and...
Nov 15, 2019 | Market Commentary
Yesterday, Federal Reserve Chairman Jerome Powell put a damper on any talk of a recession that still lingered in the media. Here is the quote from the Yahoo Finance article linked below. “In principle, there’s no reason why it can’t last,” Powell told the House Budget...
Sep 8, 2019 | Market Commentary
The last few weeks, financial news talking heads have been beating the drum about recession possibilities due to an inverted yield curve. While I suspect there might be political reasons for their commentary, I want to address some of the factors surrounding an...
