“The gray-eyed morn smiles on the frowning night, Checkering the eastern clouds with streaks of light.” - William Shakespeare “Rate Surge Sends Stocks Tumbling. Worst Day Since March” read one headline on September 29th. The Wall Street Journal , seeking to contribute towards investors understanding of the stock market’s sour mood, offered by way of explanation “…concerns that higher inflation…will stick around longer than expected…as well as data that...
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“I look like I’m stable, like nothing can move me, I look like I’m steady, like nothing will shake me. I’m unable to balance, my emotions and all, As I sit alone on this teeter totter” - Vishal Duti “Teeter Totter” Our fellow citizens celebrated August’s 2.98% rise in the S&P 500, the seventh consecutive month of positive returns, by expressing their wish to go short the US economy....
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“Well, first you got to want to get off, bad enough to want to get on in the first place And you better trust in your lady luck, Pray to God that she don’t give up on you right now” - lyrics, Johnny Cash “Bull Rider” One of the more interesting phenomenon currently existent in the financial markets is the disconnect that exists between the reality of most investor’s...
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“There’s no place like home, there’s no place like home, there’s no place like home.” – Dorothy, The Wizard of Oz “Manic Housing Market Needs a Calming Dose of Deregulation”. So headlined Bloomberg on June 1st. “An inflation storm is coming for the U.S. housing market.” Thus warned Marketwatch on June 26th. By now, most of us are aware that residential home prices are, and have been, heading higher,...
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“Not only is there but one way of doing things rightly, but there is only one way of seeing them, and that is, seeing the whole of them.” – John Ruskin At 8:30 am on Wednesday, May 12th the U.S. Bureau of Labor Statistics issued its much anticipated news release of the latest Consumer Price Index number. “The Consumer Price Index …increased 0.8 percent in April…over the last 12...
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“Contradictions do not exist. Whenever you think that you are facing a contradiction check your premises. You will find that one of them is wrong.” Ayn Rand from “Atlas Shrugged” There it was on the front page of the April 30th edition of The New York Times. “U.S. Economy’s Strong Start Signals a Stellar Year.” One year ago, who would have thought that our journey through Covid would have...
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“Europe is so well gardened that it resembles a work of art, a scientific theory, a neat metaphysical system. Man has re-created Europe in his own image.” – Aldous Huxley For investors, Europe is not so much a place given up for lost as simply forgotten. And when not forgotten, the glimmerings of its continuing existence are likely to be reminders of the imperfections of the human experience. “In another...
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“I’ve looked at clouds from both sides now. From up and down and still somehow it’s cloud’s illusions I recall.” - Joni Mitchell, lyrics from “Both Sides Now” Inflection points contain a quality uniquely their own. They provide the observer the ability to gaze upon both past and future simultaneously though with the act posing a risk of confusing one for the other! Certainly, the disconnect this month between the...
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