Wit & Wisdom – 3/5/2021

Good morning. The two major stock indexes (the S&P500 and Dow) are up this morning, as a jobs report showed a strong gain in February employment … while dropping the unemployment rate to 6.2%.  One group benefiting seems to be restaurant and bar employees … as increasingly-confident patrons, once again, start trickling in.  Other workers […] Read More

Wit & Wisdom – 3/4/2021

Good morning. Just a short while ago it seemed that every business publication was equating 2021 to be the start of another “Roarin’ 20s.”  Well, excitement seems to have waned a bit as many of the high-flying stocks of the past few weeks have seen a bit of a reduction in their stock prices … […] Read More

Wit & Wisdom – 3/2/2021

Good morning. Following a day in which markets had their best session in 8 months, stocks are taking a breather this morning as stocks are now mixed in early trading. Of special interest is a proposal being presented by Elizabeth Warren that calls for a “wealth tax” in which anyone with a net worth above […] Read More

Wit & Wisdom – 3/1/2021

Good morning. There seems to be a lot of comfort this morning over FDA approval of yet another vaccine to combat coronavirus … especially surrounding the thought of a “single-shot” rather than having to go through the ordeal twice.  Why?  It seems that quite a few decide not go back for the second dose.   […] Read More

Wit & Wisdom – 2/26/2021

Good morning. At the moment stocks are mixed as many investors are hoping their wounds heal from yesterday’s battle with the markets. Investors are understandably torn as the tea leaves appear to be different every time they look into their cup.  So they are left with asking themselves some pretty important questions such as:  will […] Read More

Wit & Wisdom – 2/25/2021

Good morning. Stocks are down this morning and one of the main reasons given (by those paid handsomely to give such opinions) is the sharp increase in the 10-year Treasury yield.   But that isn’t all.  Weekly Jobless Claims reportedly showed an unexpected decline in the number of first time filers.  Why might this concern […] Read More

Wit & Wisdom – 2/24/2021

Good morning. Home prices going thru the roof?   Well, I think the only thing we can be sure of (and that is just an opinion) is that this probably won’t continue at the same rate indefinitely.  In fact, per the first note below, some are questioning its strength.   However, who know?  According to […] Read More

Wit & Wisdom – 2/22/2021

Good morning. Stocks are in negative territory to start the week as fears of inflation (and higher bond yields) are starting to work their way through the minds of those who were skeptical about what seemed to be a daily rise in equities.  Do they have good reason to be worried about rising prices?   […] Read More

Wit & Wisdom – 2/19/2021

Good morning. Frankly, I’m tired of winter … as I just realized my driveway has become a sheet of pretty thick ice … and I won’t be going anywhere for a while.  Seeing the situation in Texas makes me more appreciative of those who work to keep our electricity flowing … along with the workers […] Read More

Wit & Wisdom – 2/18/2021

Good morning. Stocks are down this morning as some of the air in the “things-are-improving” balloon has seeped out with employment numbers that are certainly nothing to celebrate.  While a single aspect of a report is usually easy to discount, today there were a few items which could be causing some investors a bit of […] Read More

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