Wit & Wisdom – 1/20/2021

Good morning. Stocks are up early this morning and while the S&P hit another record, its cousin, the Dow Jones Industrial Average, waits for its own opportunity to make the same claim … being less than a half or a percentage point away. One bit of news that might be exciting investors is there seems […] Read More

Wit & Wisdom – 1/19/2021

Good morning. Stocks were up in early trading today as there appears to be signs that those that “look ahead” are seeing clearer skies on the horizon.  In addition to yesterday’s attention paid to the boost in Goldman Sachs’ GDP forecast, Daily Shot … citing BLS and Moody’s Analytics … put out a comment expressing […] Read More

Wit & Wisdom – 1/18/2021

Good morning. Markets are closed today due to the holiday but since I did not get a note out last week (grading exams from 6 AM – 6 PM), I figured that if I didn’t send one out ASAP you might quickly forget about me. What appears to be near the top of everyone’s mind […] Read More

Wit & Wisdom – 1/8/2021

Good morning. Contrary to what “the consensus” expected, workers supporting the U.S. economy were fewer in number after the month of December … as the virus continues to take a toll on employment. And the market reaction?  Another yawn, as investors appear to have the future in mind.  There seems to be a lot of […] Read More

Wit & Wisdom – 1/7/2021

Good morning. Stocks are solidly in record territory this morning as jobless claims fell below 800,000 for the second week in a row.  Why excitement over such a high number?  It seems that many are relieved that it is holding steady and not getting worse. But when we say “not getting worse” we are speaking […] Read More

Wit & Wisdom – 1/6/2021

Good morning. Markets are up this morning and I am quite shocked.  After all, I expected the news of Kim Kardashian’s pending divorce would have had more of an effect on the mood of investors. While the counting of votes in Georgia continues, it appears increasingly likely that there will be an evenly split Senate […] Read More

Wit & Wisdom – 1/4/2021

Good morning. Stocks moved into record territory early in today’s session and then … whoosh! … completely changed direction and turned negative.   Of course, a lot of reasons are being tossed about … including a reported end-of-the-year drop in consumer sentiment … and the realization that the initial jobless claims number (holding above 1 million […] Read More

Wit & Wisdom – 12/31/2020

Good morning. Well … it’s the last day of the year and while many of us will curse 2020 for the ills brought upon us, many years from now investors … looking strictly at market gains … might consider the year to be a good one.  And who can blame them?  With a few hours […] Read More

Wit & Wisdom – 12/30/2020

Good morning. Stocks are up as we near the close of the year and both the S&P and Dow are just off their record highs. I don’t know.  It just seems that a lot of people are ending the year with plenty of hope … hope in a better economy, hope for better personal financial […] Read More

Wit & Wisdom – 12/29/2020

Good morning. Stocks are relatively flat so far today as representatives in Washington continue to haggle over an increase in the dollar amount of stimulus checks. At the moment it appears unclear if the Senate will even debate any increase on what was agreed upon so far by the House. Quite a few of us […] Read More

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