Wit & Wisdom – 2/22/2019

Good morning. Markets are up so far this morning and it appears we might have our 4th straight week of advance for the S&P. That would certainly be welcomed … but followers of the Dow have a bit more to crow about … as that index just broke through 26,000 … and indications are that […] Read More

Wit & Wisdom – 2/21/2019

Good morning. It might seem easy to discount the effect of student loan debt if you don’t have someone with outstanding loans in your immediate family … but this could affect you just the same. While today’s report that existing home sales were down gives mention of tight inventory and higher mortgage rates being the […] Read More

Wit & Wisdom – 2/20/2019

Good morning. There is slight, positive, movement in markets this morning as many traders in the northeast are probably (like me) working from home … as a nasty storm (weather, not economic) is forecast to be heading our way. I am a little miffed that ice could be a big part of this … as […] Read More

Wit & Wisdom – 2/19/2019

Good morning. Markets are relatively flat to start off this session-shortened week (thanks to yesterday’s holiday), as recent volatility appears to have subsided for the time being. Stock market gains (such as we’ve seen this year) help to reduce fears quite a bit … and investors seem to be a bit more relaxed than they […] Read More

Wit & Wisdom – 2/15/2019

Good morning. Yesterday, we reported about a December retail sales number that was … in a word … horrible … and we weren’t the only one worried about it. The Atlanta Fed GDPNow estimate for 4th quarter GDP took a nosedive … and so did the Citi U.S. Economic Surprise Index … but Daily Shot […] Read More

Wit & Wisdom – 2/14/2019

Good morning. Markets appear as if there will be little movement this morning … as investors digest news that resulted in futures moving from positive territory to a more neutral position. What news was that? Well, according to Bloomberg, not only did jobless claims unexpectedly rise … but the claim is retail sales “fell the […] Read More

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