21 Jul Market Update—07/08/2021
Just a quick comment from Morningstar today regarding the stock market.As you can see, stocks in general are slightly overvalued and a correction into the 3rd quarter would certainly not be a shock....
27 May Market Update—05/25/2021
Since our last update Feb. 9th 2021, stocks have steadily moved higher tacking on another +7.50%. That brings the total performance year-to-date of the S&P 500 to 12.50%. The majority of you are...
27 May 2021 Market Update
After a very frustrating 2020, things are looking better as we begin 2021. Stocks are all moving higher as the market looks forward to a vaccine lead reopening, additional government stimulus and a...
13 May Berkshire Hathaway Annual Meeting
On May 2nd, Warren Buffett video conferenced Berkshire Hathaway’s 2019 Annual Meeting. We were all anxious to hear what he had to say about investing the $120+ billion in cash he had on...
19 Mar Market Update – 03/19/2020
First and foremost, I wish all of you safe health during this very dangerous period. I do not believe anyone can remember a time when our country was shut down for a period...
10 Mar Market Update – 03/09/2020
Human psychology is the one constant that seems to never change (sounds like something Yogi Berra would say!) The pendulum swings from fear to greed and back again. Just three weeks ago the...
23 Feb The Next Decade
Wow! What an amazing decade it has been for stocks and bonds. We have recovered from the depths of the financial crisis and consumer confidence to all -time highs and near record market...
18 Sep FedEx – Update
FedEx reported earnings after the close last night that were below analysts’ estimates and further reduced their 2020 outlook from $13.25/share to $10 - $12/share. That is a huge reduction and the stock...
12 Aug Consumer Confidence
Consumer confidence is probably the single most important factor keeping the U.S. economy growing. As you can see from the chart above confidence is near record highs. A significant decline in the stock...
14 May May 14th 2019 Market Comment
The market’s reaction to increasing trade tariffs with China has been understandably negative. The economy has been showing signs of slowing and if this continues to drag on it will likely only amplify...