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4th quarter was good and the second half of the year was good. Unfortunately, the first half of the year stunk so bad that the year was down. As a result of the recent meltdown of Sam Bankman-Fried and his … Continue reading
Yearly Archives: 2023
November was a good month. Everyone was up. When inflation is extremely high as it was in November, one organization that is extremely relevant is the Federal Reserve. In this newsletter we will define what the Federal Reserve is and … Continue reading
As you remember, September stunk big time. October, however, was wonderful. It was up by more than September was bad. Be careful when looking at these short-term swings. They really do not mean anything. The stock market has fluctuated a … Continue reading
September stunk big time. And, it has gone up 1500 points by October 4th. The market recently has declined this year quite a bit, which at a casual glance is very scary. However, we argue that it isn’t truly scary … Continue reading
August was not a great month. Markets are temperamental. There are many reasons for that. Some of some are rational (differing opinions regarding the value of a company, economic conditions, etc.) and some reasons are very irrational (mania and hysteria). … Continue reading
July was a very good month. Everyone is up. Why does the stock market move? It doesn’t seem to be directly tied to the economy, because while the economy is lousy, sometimes the market goes up. At its core the … Continue reading
June was a terrible month. Risk is real and you saw it this month. The important part is keeping a long-term view. Recoveries also happen. The US economy has suffered a lot of turmoil recently. As a result, many people … Continue reading
May went sidewise. Somewhat boring in fact. Today we want to discuss cryptocurrencies. At best an “investment” fad. As the story goes the little boy said to the emperor “the emperor has no clothes on.” Of course, the emperor was … Continue reading