FED FUN DAY and the hangover is real. Freeform thoughts on markets, wealth disparity, and being lied to by Wall Street.
An update on markets, economy for the end of October
Quick hits one gold, including misconceptions you should know
Thoughts on where we are in markets and economy Sat Oct 15th 2022
Stronger job reports = equities going lower. Weaker job reports = equities going lower. Meanwhile, people continue the myopic, binary-outcome argument about "when does the Fed pivot?" Not only is a Fed "pivot" not occurring, even if it did it's not resuming a secular bull market in stocks. ➡️Especially not in the pandemic story stocks. ➡️Especially not in high-beta (high-risk), and high P/E's. ➡️Especially not in the worst credit, junk bonds, and the pile of excrement that exists across a decent...
Well, it’s getting real friends. Like the math said it would. Now, what do we do with it. First, we don’t panic. You were prepared , or you weren’t. If you were prepared, you’re sanguine. You’re accepting of the circumstances. If you weren’t prepared, that’s ok. Let’s talk about how you can approach this. Second, turn off financial media. They’re only going to stoke emotions, resulting in things like (but not limited to) getting submerged in the FUD (fear, uncertainty, and doubt), the FOMO (fear...
There’s another hurricane that is strengthening. In the form of a global economic downturn. It’s affecting our shores and moving up in Cat strength. Prepare wisely for this one because its looks to be a Category 5 storm, the effects of which could last the next 4 quarters. Unfortunately, the industry hasn’t prepared you for this. Big banks, financial media, the inexperienced social media personalities, even the Fed, Treasury, and White House. It’s been disappointing. You will see green on the sc...
THE RISK YOU DIDN’T KNOW YOU HAVE Move over FANG. The new crew is AMATA. Remember “FAANG?” Facebook, Apple, Amazon, Netflix, and Google? They were the talk for quite some time. But, things always change. Netflix and Facebook dropped out of the top 5, Google changed its name, and Tesla became the new darling of the market. The new crew, let’s call it AMATA, is Apple, Microsoft, Amazon, Tesla, Alphabet. These 5 stocks compose: 42% of the NASDAQ 100 22% of the S&P500 That is a high and concerni...
A quick & relevant update on markets for Fri, Sep 23rd None of what you see happening right now is a buy signal. The dollar is ripping higher. This is not good for the global economy. Yields/rates are soaring, with a high rate-of-change. The downside/low-end mathematical range for equity markets is dropping. You must understand the importance of bonds and currencies in determining what's happening in equity/stock markets. This is something you won't often hear, won't be taught by media. Vola...
Shame has no place in personal finance. This goes for individuals, and especially couples. The moment that shame starts to emerge, we wreck it. It is antithetical to our process. Our work is to align and help redirect. Align in that we understand perspectives. Redirect as in helping people to rethink and rewrite their story. Who of us has not made money mistakes? Most of us were not equipped with proper money tools. Families don’t understand. Schools don’t teach financial literacy. Or at least h...
1. Make household budgetary changes. It’s not easy, but it can be done. In other words, save more. Spend less than you’re earning. Self-discipline. Cash-flow planning. Think like a business. Create more margin. 2. Adjust risk in your investment portfolios. What worked for the last 12 years is not what works now. 3. Look for opportunities to ask for a raise. Or if you’re in a business development / sales role, you know what to do. Work smarter and harder. 4. Look for ways to improve your skill se...
A quick description of The Daily Mission Podcast.
It’s time to get efficient. Don’t wait. Current caution flags, and ideas on improving your financial situation.
Sometimes you just need time and space. The Daily Mission is back from the wilds of the Sangre de Cristos to reengage with the world and all of its noise.
Let's talk about cash, inflation, and some ideas this year.
The US Dollar. Yankee Fiat. cash, bills, paper, greenbacks, moolah, scratch, dough, bread, cheddar. dead prezzies. No matter what you like to call it, that dollar dollar bill is a wrecking ball, y’all. It's in high demand, globally. And that can create some pretty big problems in the short term. Let's talk about why in short order.
What you think “should be” versus what “is” when it comes to investing, and why you should probably think more like a strategist and less like a tactician.
Two factors more than any other supported the growth of the hedge fund titan era: Easy money for leverage, and getting paid under the carried Interest loophole. But both of those factors are in the process ofd changing. And quickly.
It's been a crazy week in markets. Get the storyline you're not likely to hear from mainstream financial media.
