Tag Archive: stocks

Weekly Market Pulse: The More Things Change…

2022-09-07

by

2022-09-07

I stopped in a local antique shop over the weekend. The owner is retiring and trying to clear out as much as she can before they close the doors so I paid a mere $3 for the Life magazine above. I think it might be worth many multiples of that price for investors who think our situation today is somehow uniquely bad. The cover headline could just as easily be describing today as 1970.

Read More »

Weekly Market Pulse (VIDEO)

2022-09-07

by

2022-09-07

Alhambra CEO Joe Calhoun compares the similarities between today’s bear market and past ones, plus last week’s data on the economy, employment, and whether the new data points to recession.

Read More »

Weekly Market Pulse: The Dog That Didn’t Bark

2022-08-29

by

2022-08-29

Gregory (Scotland Yard detective): “Is there any other point to which you would wish to draw my attention?” Sherlock Holmes: “To the curious incident of the dog in the night-time.” Gregory: “The dog did nothing in the night-time.” Sherlock Holmes: “That was the curious incident.” From Silver Blaze by Arthur Conan Doyle, 1892

Read More »

Weekly Market Pulse: Same As It Ever Was

2022-08-22

by

2022-08-22

History never repeats itself. Man always does. Mark Twain is credited with a similar saying, that history doesn’t repeat but it rhymes. Of course, there is scant evidence that Clemens said anything of the sort just as Voltaire may or may not have penned the quote above. But both men were much wittier than I – than most – so I’ll take them both as being representative if not genuine.

Read More »

Weekly Market Pulse: Opposite George

2022-08-01

by

2022-08-01

It all became very clear to me sitting out there today, that every decision I’ve ever made, in my entire life, has been wrong. My life is the complete opposite of everything I want it to be. Every instinct I have, in every aspect of life, be it something to wear, something to eat… It’s all been wrong.

Read More »

A muddled message from The Fed

2022-07-29

by

2022-07-29

If you have decided to buy gold bullion or to buy silver coins in the last few months then you may have been delighted with how last night’s Fed press conference went.

Read More »

Long Term Gold Price Prediction

2022-07-22

by

2022-07-22

What do the weather and the markets have in common? Quite a bit says this week’s guest! Kevin Wadsworth is a meteorologist-turned-chart analyst who has a lot of interesting insight and predictions into market movements and the price of gold. 

Read More »

Weekly Market Pulse: There Is No Certainty In Investing

2022-07-18

by

2022-07-18

Investors crave certainty. They want to know that there are definitive signals for them to follow as they adjust their investments to fit the current market and economy. They want to know that A leads to B leads to C. Tea leaf readers are always in high demand on Wall Street and they continue to find employment despite their almost universally dismal track record.

Read More »

Weekly Market Pulse: A Most Unusual Economy

2022-07-11

by

2022-07-11

The employment report released last Friday was better than expected but the response by bulls and bears alike was exactly as expected. Both found things in the report to support their preconceived notions about the state of the economy.

Read More »

Weekly Market Pulse: Things That Need To Happen

2022-07-05

by

2022-07-05

Perspective is something that comes with age I think. Certainly, as I’ve gotten older, my perspective on things has changed considerably. As we age, we tend to see things from a longer-term view.

Read More »

Weekly Market Pulse: Expand Your Horizons

2022-06-29

by

2022-06-29

Late last year I wrote a weekly update that focused on the speculative nature of the markets. In that article, I focused on the S&P 500 because I wanted to make a point, namely that owning the S&P 500 did not absolve investment advisers of their fiduciary duty.

Read More »

Market Pulse: Mid-Year Update

2022-06-24

by

2022-06-24

Note: This update is longer than usual but I felt a comprehensive review was necessary. The Federal Reserve panicked last week and spooked investors into the worst week for stocks since the onset of COVID in March 2020. The S&P 500 is now firmly in bear market territory but that is a fraction of the pain in stocks and other risky assets.

Read More »

Weekly Market Pulse: Is The Bear Market Over?

2022-05-31

by

2022-05-31

Stocks had a rip snorter of a rally last week and a lot of people are pondering the question in the title over this long weekend. The S&P 500 was down 20.9% from intraday high (4818.62, January 4th) to intraday low (3810.32, May 20th). From that intraday low the market has risen 9.1% in just six trading days.

Read More »

Why The Next Powell Pivot Will Destroy Stocks And Drive Metals And Miners Higher

2022-05-26

by

2022-05-26

“The Federal Reserve will take it to the point of maximum pain and then they’ll reverse, this is when we’ll see the Powell Pivot.” These are the words of warning from Craig Hemke, this week’s guest on GoldCore TV, interviewed by Dave Russell.

Read More »

Central Banks…Why Bother?

2022-05-21

by

2022-05-21

Central banks…why bother? Inflation is here and it cannot be contained. US inflation is touching a 40-year high, the UK has hit the 40-year high, and the EU’s has already hit an all-time high.

Read More »

Weekly Market Pulse: TANSTAAFL

2022-05-16

by

2022-05-16

TANSTAAFL is an acronym for “There ain’t no such thing as a free lunch”. It has been around a long time – Rudyard Kipling used it in an essay in 1891 – but it was popularized by Robert Heinlein’s 1966 book, “The Moon is a Harsh Mistress”.

Read More »

Is Gold Starting to Behave Itself?

2022-05-14

by

2022-05-14

Gold is doing what it is supposed to do!  Equity markets are tumbling, “NASDAQ 100 Rout Erases $1.5 Trillion in Market Value in 3 Days” reads one Bloomberg headline.

Read More »

Weekly Market Pulse: Welcome Back To The Old Normal

2022-05-03

by

2022-05-03

Stagflation. It’s a word that strikes fear in the hearts of investors, one that evokes memories – for some of us – of bell bottoms, disco, and Jimmy Carter’s American malaise. The combination of weak growth and high inflation is the worst of all worlds, one that required a transformational leader and a cigar-chomping central banker to defeat the last time it came around.

Read More »

Weekly Market Pulse: What Now?

2022-04-05

by

2022-04-05

The yield curve inverted last week. Well, the part everyone watches, the 10 year/2 year Treasury yield spread, inverted, closing the week a solid 7 basis points in the negative. The difference between the 10 year and 2 year Treasury yields is not the yield curve though. The 10/2 spread is one point on the Treasury yield curve which is positively sloped from 1 month to 3 years, negatively sloped from 3 years to 10 years and positively sloped again...

Read More »

Weekly Market Pulse: The Cure For High Prices

2022-03-31

by

2022-03-31

There’s an old Wall Street maxim that the cure for high commodity prices is high commodity prices. As prices rise two things will generally limit the scope of the increase. Demand will wane as consumers just use less or find substitutes. Supply will also increase as the companies that extract these raw materials open new mines, grow more crops or drill new wells.

Read More »