March 18, 2020 – I called into a local radio program this morning, and I was asked for my comments on the markets. The subject matter was what you would expect. We spoke of the market crash, the Fed’s interest rate activity, the pending stimulus for individuals...
March 17, 2020 – When discussing the financial crisis, most cite 2008 and the S&P 500’s significant 38% decline. Ironically, most forgot, or have pushed from their memories, the first quarter of 2009 when the S&P declined another 25% until March 6th,...
March 16, 2020 – We’re back at it this morning with market futures giving back Friday’s bounce. Over the weekend, the Federal Reserve cut interest rates to zero and added an additional $700B in quantitative easing into the financial system. While this is a...
March 12, 2020 – 10:30 – From the SEC Tournament to the NBA, the coronavirus is now threatening the daily lives of all Americans whether they are ill or not. Unfortunately, last night’s presidential address didn’t do much to calm the markets, and the...
March 3rd, 2020 – 11am – I did an amazing thing this morning, which seemed to be exactly what the Dr. ordered. It was both profound and comforting. Believe it or not, I actually turned off CNBC and neglected to jump on social media. Now, I’m not saying it...
March 9, 2020 – 9:30am – This morning the market was open just a few minutes before the first circuit breakers were thrown and the market halted for 15 minutes, down 7%. Once re-opened we’ve been seeing a bit of a selling respite which is tough to trust....
March 9, 2020 – 9am – While I am not sure yet how the media will spin this morning’s significant gap down opening in the market, the reality is the markets are now suffering a second blow, beyond the already challenging coronavirus. Over the weekend, talks...
