2017 4th Quarter Commentary “IT’S THE ECONOMY, STUPID” Bill Clinton, 1992 During Bill Clinton’s first run for President in 1992, his campaign slogan was, “It’s the Economy, Stupid.” It was a good campaign strategy. In general, if the public is experiencing a...
2017 3rd Quarter Commentary THE GOLD RUSH! In 1849, gold was discovered in California. Back east, the media picked up on it and began to publish stories about people getting rich overnight in the California gold fields. As a consequence, thousands of people sold...
2017 2nd Quarter Commentary - WHAT IN THE WORLD IS “WANNACRY” RANSOMWARE? In 1988, the first computer plague was developed - a small program written as an experiment by computer scientist, Robert Morris, Jr. This plague, or worm, effectively shut down the internet....
2017 1st Quarter Commentary POLITICS AND THE ECONOMY We realize that many people supported the Trump presidential campaign, and many did not. However, since Mr. Trump was elected President of the United States, his agenda matters in terms of the economy. As we listed...
2016 4th Quarter Commentary –
THE U.S. STOCK MARKET HITS NEW HIGH!
Since the U.S. Presidential election, the Dow Jones Industrial Average has risen 1,803 points, from 17,959 on November 9th to 19,762 (on December 30th.) The 2016 Presidential election had the two most controversial candidates in memory. Americans had very strong feelings about which candidate was the best and which was the worst. Regardless of how you feel about the candidates, Mr. Trump won the election. Whether you agreed with Trump or disagreed with Trump, the important thing is to look at the things he is proposing:
2016 3rd Quarter Commentary
HOW IN THE WORLD DID WE GET THESE NEGATIVE INTEREST RATES?
One of the most common questions we have had over the last few years has been about negative interest rates and why they are bing imposed by central banks. As recently as June of this year, the Swedish National Bank, Swiss National Bank, Denmark National Bank, European Central Bank, and the Bank of Japan all had negative interest rates.
As most of you know, “Brexit” was the term used to describe Great Britain’s recent vote to withdraw from the European Union. All the polls were indicating that they would vote to stay in the E.U., so when the citizens of the United Kingdom voted to exit t
Since May of 2015 the U.S. Stock Market has experienced dramatic fluctuations. The Dow Jones Industrial Average, one of the primary indexes used to track the U.S. stock market, has literally bounced up and down like a yo-yo.
As you may recall our 3rd quarter 2015 Commentary was titled Two Down and Two to Go. This referred to four events we felt needed to happen as the economy strengthened. THE FIRST was a -10% correction in the Dow Jones Industrial Average. That happened in the spring and summer of 2015 when the Dow went from 18,312 to a low of 15,666.
Over the last few years circumstances have arisen which have allowed us to anticipate certain events with a much higher probability than normal. Following are four of these events, two of which have occurred and two we are still expecting.