When the stock market closed for trading on August 31, 2022, the S&P 500 finished down 3.97% for the month and 17.02% year-to-date. August probably felt like a slap in the face after getting some reprieve with July’s rally during a horrible year to anyone invested in this market. Last month, we suggested that July’s …
When the stock market closed for trading on July 29, 2022, the S&P 500 rallied 7.75% for the month of July while ending down 12.87% YTD. So, by the numbers, the market rallied enough to claw its way back from the worst first half performance in decades and out of Bear Market territory. Last month …
When the stock market closed for trading on June 30, 2022, it marked the worst first-half performance for S&P 500 since 1970, finishing down 20.58%. For the Dow Jones Industrial Average, this is the worst start since 1962. Meanwhile, the tech-heavy Nasdaq Composite’s 29.5% first-half plunge was its worst first half ever. It goes without …
”It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.”
– Charles Darwin
April 30, 2022 Russia invaded Ukraine just 65 days ago, and the world feels very different already. As we mentioned last month, we are beginning to see the supply chain issues hit the automotive and tech sectors quite noticeably. China’s shutdown is also affecting the supply chain, as inflation in energy and food prices does …
Month in Review: April // Expensive Markets + Inflation = Amazon Read More »
While we can’t know the outcome in Ukraine or what comes next, what is clear is that the road ahead is likely to be bumpy, and almost everything is about to get even more expensive. While the human cost and suffering are front and center, it’s the inflationary effects that are almost inevitable at this …
Thank you all from the bottoms (and tops) of our hearts. We wish you and your family’s all the best.
Story of The Week New-brokerage-firm-kid-on-the-block, Robinhood, made news this week when a merry group of traders found and exploited a bug in Robinhood’s software allowing them to create infinite leverage in their accounts.
Quote of the Week “Ok Boomer” Yep. This is the rallying cry of Gen Z and Millennials alike. At its extreme, Ok Boomer is the sign of frustration that they are done with excuses when it comes to acting on climate change or financial inequity. It’s their version of older folks being,”The Man.” As a …
