Month: October 2022

October 31, 2022 Despite a weak stock market today, it looks like the Stock Markets will conclude another weekly gain. Is this the early beginning of a “Santa Claus” year end Holiday rally, or merely another short covering rally fueled by hopes that the Federal Reserve will start to “pivot” from its interest rate increases…… Continue reading Wishful Thinking?

Wednesday 10/19/2022 Is the market’s very strong rally the past two days, the beginning of a new bullish trend, or the result of Central Bankers stepping in to support the equity markets, in the same way, the Bank of England stepped in last week to stem a melt-down in their Bond market? It is my…… Continue reading Technical Bounce?

Wednesday, 10/19/2024 A financial crisis in the United Kingdom seems to have been averted the past few days, with the sudden sacking of Prime Minister Truss’s finance minister. Their ill-conceived plan to stimulate the economy with tax cuts for Corporations and the Rich, combined with more spending financed with the creation of more debt, has…… Continue reading Deficits Don’t Matter?”

October 10th, 2022 A friend just asked me to review her portfolio which has an independent money manager at a major wire house. She is concerned that the account is losing value since last year when a new manager was hired. In reviewing this month’s statement, I see that the account has lost about 20%…… Continue reading Caution

October 11, 2022 This morning the International Monetary Fund, IMF, released a report significantly cutting their growth forecast for next year, and warning “the worst is yet to come.” For those investment advisors and investors who have been riding the past months decline in stock and bond prices, with the expectation that the Federal Reserve’s…… Continue reading Wake Up Call?

Both the Stock and Bond Markets, which had been in deep oversold levels. had strong rallies today to start off October. One has to wonder how much of today’s action was propelled, by the Federal Reserve’s “Emergency” meeting on Friday? Over the years, whenever the markets have been having sharp declines, a group of mysterious…… Continue reading Plunge Protection Team?

Both the Stock Markets and Bond Markets of the world have had another negative week, with American stock markets closing at, or slightly below, the lows reached this past June. Bond markets, which tend to do well when stocks are falling, are however, also seeing a record decline in value, as the Federal Reserve continues…… Continue reading Danger Ahead?