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I hope you are well and enjoying a beautiful fall. The colors here in Asheville are spectacular. The market was down again this week and has entered a correction. (A correction is defined as being down 10% from recent highs.) You have likely heard a variety of explanations – from the Congressional problems surrounding the [...]
I hope you all had a nice Labor Day holiday, and the end of your summer is going well. You have probably heard something like this exchange before: Question: What do you think the market is going to do over the next few months? Answer: It’s going to go up and down. Sure, that kind [...]
I hope you are all enjoying your summer. Travel seems to be back on the agenda for many clients I have spoken with recently, another great sign of the fading effects of the pandemic. As I have discussed in other writings, the market downturn that began in early 2022 has been remarkable in its length. [...]
I hope you are all well and enjoying the spring. Asheville is getting a fair amount of those April showers and I’m ready for May’s sunshine. Last December, I wrote a letter about green hydrogen and prefaced my comments by saying I’m not taking sides in an argument about climate science. Ditto for this letter. [...]
I hope you are all well and enjoying the early spring. The extra hour of daylight that began yesterday makes me look forward to warmer days ahead. Unfolding events over the weekend may remind us of the ghost of Christmas past – a haunting straight out of the 2008/09 financial crisis. In three short days, [...]
I hope you are well and that 2023 is off to a great start. After a very long and uncomfortable 2022, I am hopeful that the worst is behind us and that we can look forward to a better market this year. At least we’re off to a good start. While all the major indexes [...]
In the early 2010s, the great financial crisis of 2008/09 was still on the minds of investors. That coupled with any number of other crises, including the oil spill in the Gulf of Mexico, multiple threatened/one actual shutdown of the Federal government, innumerable debt-ceiling-hike standoffs in Congress, and more. Investors were worried about the future. [...]
Not surprisingly, the number of reported instances of fraud, phishing schemes, and hacking tends to increase at this time of year. To encourage all of us to be vigilante and cautious, let’s review some common recommendations. Email Do Install antivirus and firewall programs AND keep them up to date! Always filter spam and update your [...]
As I am sure you are aware, the market is down over the last few weeks, and we are now approaching the lows from mid-June. The thing about down markets is that you never know you have hit the bottom until you can see it in the rear-view mirror. And the other thing about down [...]
There is a lot of talk in the media these day about a recession. We’re in a recession – we’re not in a recession – a recession is coming. So, which one is it? Technically, a recession in the United States is defined by the National Bureau of Economic Research (NBER) and NOT simply as [...]
