Wit & Wisdom – 10/28/2020

Good morning. It is especially tough to write an opening sentence this morning … as it seems investors are looking at virus numbers being reported by the press and coming to the realization that, yes, a surge could negatively affect the economy … and stop the recovery dead in its tracks. This type of concern […] Read More

Wit & Wisdom – 10/27/2020

Good morning. Stocks are barely in negative territory as of this writing … but following a brutal day for investors yesterday, we’ll take today as a positive. At least, for the moment, there does not appear to be a severe follow-through of yesterday’s declines. Of concern right now … other than the virus … is […] Read More

Wit & Wisdom – 10/26/2020

Good morning. Sorry, Virginia … there is no Santa Claus … or, at least there won’t be one this year … as Macy’s has cancelled his appearance in the face of the ongoing pandemic. It is not only executives at Macy’s showing concern … as investors seem to be a bit more worried about the […] Read More

Wit & Wisdom – 10/22/2020

Good morning. We are finding stocks mixed this morning as, possibly, delay in any stimulus agreement is offsetting a bit of good news on the labor front and conflicting news on housing. As noted in the first story below, first time jobless claims fell below 800,000 for the first time since mid-March … though it […] Read More

Wit & Wisdom – 10/21/2020

Good morning. Stocks are slightly in negative territory this morning as the waiting game continues surrounding stimulus. To be frank (“hi there, Frank!”) there is only slight uncertainty. We all know it is going to happen, but the depth and timing are presently the only things in question. … though this stimulus is badly in […] Read More

Wit & Wisdom – 10/20/2020

Good morning. Happy stimulus day … or, at least, that is what investors are hoping to say later this afternoon as lawmakers work out some details on yet another stimulus plan to help boost our worrisome economy. Some will say stimulus is not needed … and point toward housing construction data to support their claims. […] Read More

Wit & Wisdom – 10/19/2020

Good morning. Stocks are bouncing around to start the week as the debate over stimulus continues in Washington. There is a deadline that was publicly presented to the White House by Democrats … but we know how that goes. It will go up to last minute (or beyond) and both sides will consider not only […] Read More

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