Recessions, The Stock Market & Inverted Yield Curve, Oh My!
By Jon Aldrich Stock markets around the world continue to struggle and many are in panic mode right now. The chart of the stock markets looks eerily similar to the image above. The S & P 500 index is down almost 10% since the start of the year which signals a “correction”. Remember, 10% is…
Read MoreChina Redux
By: Jon Aldrich It was just a few months ago, back in August, when the world was ending because the Chinese stock market was spiraling downward, with the government clumsily intervening to no avail. The crash in the Chinese market and the worries about the Chinese economy slowing down and bringing the rest of the…
Read MoreEpisode VII – The Fed Awakens
By: Jon Aldrich The big event that millions of people have been waiting for months and even years to occur and which has not happened in almost a decade happened this week. The new Star Wars movie, “The Force Awakens” was released in theaters across the world this week to the delight of many who…
Read MoreHas Gold Reached a Bottom Yet?
By: Jon Aldrich I always get a chuckle when I hear an ad on the radio or TV that says that now is the time to sell your gold jewelry, as the price has never been higher. Or the commercials on CNBC that keep trying to peddle gold coins because the price of gold keeps…
Read More3-2-1-No Lift Off
By: Jon Aldrich After several weeks of anticipation by market participants, many thought that Janet Yellen and the Federal Reserve would raise short term interest rates from near 0% to 0.25%. However, they decided to hold off on raising rates until possibly, October, December, 2016, never? With the recent market turmoil not only here in…
Read MoreUpdate on Recent Market Action
By: Jon Aldrich You are by no doubt by now aware of the stock market having an awful week last week dropping by more than 5%. Today (Monday) brought even more selling, with the Dow Jones dropping by more than 1,000 points on the open and the S & P 500 losing more than 7%…
Read MoreChinese Finger Trap
WHAT DOES DEVALUATION OF THE YUAN MEAN FOR US? The Chinese finger trap gag has been used for years to play jokes on unsuspecting kids and adults for years. It is a simple puzzle that traps the victim’s fingers in both ends of a cylinder made of woven bamboo. The harder you pull out on…
Read MoreThe Importance of a Home Inventory
(and adequate insurance coverage) I had just finished up a great round of golf at the Phoenician Resort in Scottsdale in April, when my phone started tweeting about Tornado Warnings. Since it was 87 and sunny where I was, I had to do a double take, but then realized they were for back home in…
Read More1972 – A look through the “World Book”
(The pocket calculator was a hot item in 1972 and prices had come all the way down to around $60) Now that football season is over, and it is too cold to really do anything outside, many weekends are spent fixing things around the house or cleaning rooms that have not been cleaned or de-clutterized…
Read MoreCRUDE AWAKENINGS
(GOODBYE RUBLE TUESDAY) There were a myriad of titles we could have used to describe the precipitous drop in oil prices recently and the fallout effects it is having on countries whose livelihoods depend on a higher price for oil. There has also been a new verb created due to the effects on the Russian…
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