Wit & Wisdom

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Jan 16, 2025

Wit & Wisdom

There was a popular game show a few years back by the name of “Password” … in which a one-word clue was given, and the contestant would need to guess the “mystery word” to win prizes. Well, if the game was played today, I think the clue given would be “fickle” … while the correct reply would be “investors” … for each little bit of new data seems to create a sharp, immediate response in opinion (and investment action).

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Jan 15, 2025

Wit & Wisdom

Well, investors received a bit of good news this morning with an inflation number that raised new hopes that the Fed might not be finished with cutting rates.  I will point out, however, that the result was only a slight improvement (3.2% annualized vs. 3.3% expected) but investors are using any and all excuses to party.

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Jan 14, 2025

Wit & Wisdom

Another day, another market-moving view on the tariffs. With a report that the threatened Trump Administration tariff action will be gradual (rather than immediate and severe), investors tiptoed back into the market driving equities higher in the morning session … though it has just returned to “flatness” minutes ago. Combining that with a positive inflation print out earlier … showing wholesale prices increased less than expected … is providing new hope that prices might not rise to the degree feared.

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Jan 13, 2025

Wit & Wisdom

I watched some NFL games yesterday without much emotion as … with my team “out of it” (something which happens around November every year) … I didn’t know exactly who to root for. This seems similar to what many investors might be facing regarding the economy as, while they certainly do have emotion, some must be debating if they should cheer for a strong, robust economy … or hope the economic engine slows enough to give the Fed reason to cut rates.

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Jan 10, 2025

Wit & Wisdom

We are back to good news being bad news … at least, as far as investors are concerned … for payrolls grew much more than expected …and markets headed south immediately upon the release.

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Jan 09, 2025

Wit & Wisdom

Markets are closed today in honor of Jimmy Carter, so I’ll probably ramble more than usual … if that is at all possible.  

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Jan 07, 2025

Wit & Wisdom

Pressed and stressed today, as I am in Las Vegas … and never do get used to the three-hour time difference. Going to bed after midnight here (those darned casinos) completely threw off my biological clock … and I know I will pay for it dearly when I get back to the comforts of home later in the week.

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Jan 06, 2025

Wit & Wisdom

When you think of what people consider to be a “happy place,” many areas come to mind. For some, it is Disneyworld … for others it is a favored golf course … and for others a tavern or even a garden.  Well, this week I am off to CES (Consumer Electronics Show) and for me … that is one of my happy places … as the review of concepts … some of which might never see the light of day, greatly excites me … as I know a few of these things will “make it” … even if years away … as inventors invite me to travel along with them to share their dreams.

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Jan 03, 2025

Wit & Wisdom

While Santa Claus didn’t show up for the rally held in his honor, markets are rebounding this morning … leaving some to hope stocks will add on to last year’s gains.   

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