Was That The End Of The Rally??

Edith Green is a name almost no one knows or remembers. You may recognize her name if you lived in Oregon and voted Democrat sometime between 1955 and 1974… or maybe if you were a woman playing sports in the early 1970s. Edith was a 10-time Congresswomen from Oregon—only the second ever to be elected…

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What Happened to Oil?

This is not history. This is happening right now! The largest pandemic ever.* The largest oil price-drop ever. The largest unemployment numbers ever. The largest Fed printing ever. The largest fiscal package ever. The largest shared experience ever. The largest one-month stock price-drop ever. The largest three-week stock price increase ever.  The largest stay-at-home experiment…

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Nothing Makes Sense Anymore

What hasn’t changed? Isn’t that one of the questions we should be asking?  There is a lot of unfairness in this world. I hear about it everyday from my son. He’s able to find the part of anything that feels unfair. I have to tell him everyday that that feeling might not change right now,…

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Unlimited Fed Printing vs Gold, Unemployment, COVID

There’s so much to cover, it’s hard to know where to start. So let’s start with what’s not being said. No one, and I mean no one, is dragging out Buffett quotes. Have you noticed that? Instead, I’ve seen Churchill quotes being passed around like candy at a third grader’s birthday party. Holy Cow! The…

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Stock Market Uncertainty Increasing Along Party Lines

The uncertainty we all feel is actually a great deal of the problem and has been for people for five, ten, twenty years. Markets go up 78% of the time and they fall 22% of the time. But to be living in uncertainty 100% of the time—that doesn’t make sense. It doesn’t have to be…

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Was That A Head Fake Or The Bottom?

Most cultures have a saying that goes something like: “when it rains, it pours.” It is surely pouring right now for many people across many cultures. But the thing is… this is normal.  Crashes are normal. Corrections are normal. Good times are normal. Pandemics are normal. Yes, the world has been having pandemics for thousands…

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The US Stock Market Is Down 29%. Now What?

Who’s tired of me talking about bonds yet? I’m kind of getting tired of it. But corporate bonds are the real story, not stocks. Yes, stocks are down 29% (S&P500 Index). But bonds…damn! Stocks are down because companies are not buying back their stocks anymore (remember share buybacks? Gone). Of course, that’s not the only…

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Why Would Anyone Buy Bonds Now?

My kids school district just announced it will be closed for six weeks (remember summer vacation is only 10 weeks). When I heard this, the very first feeling that went through my body was sadness.  Sadness for all the paycheck to paycheck earners that are absolutely going to get crushed. It’s one thing to be…

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COVID-19 vs. Gold, Yields, and China

As some of you know, I live close to the epicenter of COVID-19 in the US—three miles, to be exact.  Because of that, I get a front row seat to see how families, schools, towns, municipalities, companies, counties, and states react to an exogenous threat. What I can tell you most is everyone’s beliefs come…

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Coronavirus, Stocks, China’s Reaction, 10% Falls, and Your Portfolio

As the world moves from one crisis to the next, the stock market is really getting hit. This week, I’m mixing things up a bit with a different format of my weekly video. Here are just a few of the things I cover in the video:  How China responded to the Coronavirus and what that…

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