RichC | November 28, 2018
The Dow closed up 618 points on Wednesday after the Federal Reserve chief Jerome Powell indicated that "interest rates are just below the neutral level that neither aids or hinders economic growth." Investors looking for something positive as they wait hoping for some good news during the G-20 meeting between President Trump and China’s Xi […]
RichC | November 23, 2018
Even as someone who watches markets and oil, the precipitous drop in price over the past month has been shocking. Most observers expected the increased inventory to cause the price per barrel to drop a bit, just as it has in the past when oil is stored in surplus, but a $20/barrel collapse in 1 […]
RichC | November 13, 2018
After Monday’s selloff (see below), what lies ahead for the U.S. economy? That thought has some of seriously thinking the next economic downturn could come sooner rather than as expected … later. The sell off … "again" … has me wondering if we are prepared for the next recession? Is the U.S., or the world, […]
RichC | November 2, 2018
As the positive economy in the U.S. continues to grow America out of the "great recession" and rebound off the slow growth Obama years, we are seeing signs of inflation, hopefully just the right amount. Wages are rising and businesses sense they have pricing power and can raise prices (their cost are up too). Consumers […]
RichC | October 30, 2018
October is indeed a "scary" month for investors who are still hoping the bull market is not over … and perhaps just slowing? Earning for the most part are still good, interest rates aren’t "scary" high and the economy seems to be chugging along. Most who want work are finding jobs and employers are complaining […]
RichC | October 26, 2018
For those who watch the stock market, today was another one of those October trading days that can give one the willies. It was a reminder of the dreaded Octobers of the past and added to the steepest indices October decline since the 2007-2008 crisis. Still, the economy is sound, company earnings are good (tech […]
RichC | October 14, 2018
As a business news junkie, I’ve been watching Fox Business since I "demanded it" (as Neil Cavuto would tell viewers in the early days of the expansion Fox network). They have steadily grown and have become serious competition for CNBC (watched/listen since it’s debuted) and BloombergTV. Fox Business has mixed in far more general news […]
RichC | October 12, 2018
Q: Why am I not surprised to see U.S. stocks extend Wednesday’s ugly losses with more selling on Thursday? A: Because it is October! Well because the talking heads that “I listen to” point out just how strong our economy is and that corporate earnings are strong, consumer confidence high and the regulation and tax […]
RichC | October 11, 2018
With the stock market tumble on Wednesday and Hurricane Michael ravaging Florida’s Panhandle, I was in the mood to post something positive … but what? Dow Industrials plunge more than 800 points, Nasdaq loses 4% in biggest decline in months I contemplated talking about how impressive it was to view the International Space Station (ISS) […]
RichC | September 20, 2018
If the stock market is worried about another round of China tariffs, it sure doesn’t show it. Thursday saw the DJIA back to its record high from earlier this year. The S&P 500 did the same and even the Nasdaq was positive although off the higher record area earlier this year … but not by […]
RichC | September 17, 2018
None of us likely compliment others enough, but being on the receiving end of an unexpected compliment feels pretty good. It is past due that I do the same for someone else. Last week I connected with a friend that I don’t see as often as I use to, but he mentioned he keeps up […]
RichC | September 16, 2018
I hate seeing any of my friends borrow money … especially when the borrowing is at high rates as it often is for those struggling with bills and living month to month. It is particularly frustrating when they are still use credit cards with rates in the double digits, are paying the minimum and often […]
RichC | September 14, 2018
In recent years, we’ve grown accustom to DOTcom retail companies delivering on their promises. Thanks to Amazon and their outstanding efficiency and reliable fulfillment and delivery services. Perhaps I’ve forgotten that not all online retailers live up to what we now take for granted? One expects that when a product is listed on a major […]
RichC | August 29, 2018
Those of you who regularly read my blog know that I love wearing boat shoes (and flip-flops) and have gone thru great lengths to make them last and keep them "semi" odor free. From insoles to epoxy mixes for "wear control" … and have been accused of going a bridge too far. Short answer, it […]
RichC | August 14, 2018
It is so frustrating to see a handful of NFL players once again willing to offend A WHOLE BUNCH of patriotic fans — including me — for another season with their kneeing or holding a fist during the playing of our National Anthem. I blame a handful of players, their union, the NFL commissioner and […]
RichC | August 3, 2018
After impressing almost all analysis with their quarterly report, stock buyers continued to buy $AAPL stock on Thursday making Apple the most valuable company. I watched the coverage on and off all afternoon on Fox Business and the party atmosphere and giddy excitement reminded me of the same dot.com partying in the late 1990s. Oh […]
RichC | July 27, 2018
If you have any vested interest in the stock market, Thursday’s huge drop for social networking’s behemoth Facebook ($FB), demonstrated what go up, can come down … and can come down fast! The "biggest ever one-day loss in market value for a U.S. listed company" happened yesterday and saw investors in $FB (or any pension […]
RichC | July 19, 2018
One of the topics of conversation for me throughout the years has been investing and trading. I enjoy the research and challenge, but having made many bad picks and mistakes, also realized just how dicey this is. This has made me sensitive when talking too specific with family and friends … even though I enjoy […]
RichC | July 11, 2018
When it comes to encouraging girls, I’ve been very progressive (unfortunately a label stolen by the political left … so perhaps "contemporary" is a better word) about equality between the sexes. I accepted Brenda as an equal from day one, even before we were married and that carried through to decision making well after – […]
RichC | July 8, 2018
As the current bull stock market gets long in the tooth (average is 7 years, we’re now closing in on 9 years), financial analysts are beginning to write regularly about preparing for the next slowdown. Few are declaring it over at this moment, but most advise prudence as it comes to what investments are being […]
RichC | June 26, 2018
How does on plan for the flattening yield curve – or even inversion (spread between 10-yr and 2-yr Treasury Bonds)? Barron’s – June 2018: “Inversion has an amazing record of forecasting recession…but stocks have typically continued to rise (sometimes sharply) after the inversion with a median gain of 13.1%.…Bottom line: the flattening yield curve is […]
RichC | June 24, 2018
Since I drive a diesel BMW X5 35d as well as an old 1982 Mercedes 300D Turbodiesel, and use diesel fuel in our Kubota and John Deere lawn tractors (not to mention sailboat) … seeing pump prices 20 to 40 cents higher at the pump is starting to cut into my theory of saving money […]
RichC | June 21, 2018
After 8 down days for the Dow, the beginning of summer has not been kind to investors hoping 2018 would be a bit more positive. With unemployment at near all time lows, corporate tax cuts, the economy rebounding and promising better wages … and even talks with North Korea going well, one would think optimism […]
RichC | June 19, 2018
I generally do not read longer Facebook posts, but while scanning a few friends comments on Father’s Day remembering their dads, Kathy Pangborn (good friend and neighbor of my inlaws) reposted a story that had me remembering the different father-types that I knew. Neither my mother or father-in-laws’ or mother or fathers’ parents (my grandparents) […]
RichC | June 14, 2018
Americans are struggling once again with carrots, sticks and tariffs event though throughout our history we have always been advocates for "free trade" … believing that in the end open trade wins. Unfortunately it isn’t always that simple when it is your job, your house and your life on the line. It is understandable that […]
RichC | June 9, 2018
A conversation this week about "when to retire" after I mention attending my brother’s early retirement lunch lead to the question "how much do you need to have saved to retire?" Of course we ALL know the answer to that … "it depends." Yup, very helpful #sarcasm … yet so true, considering the differences in […]
RichC | May 11, 2018
Retirement is continuing to change and "has changed a lot in recent years, and may be far different from what you expect," says Tom Sightings, author of You Only Retire Once. The biggest difference is that you will most likely be responsible for overseeing (or hiring out) much of your own finances and health care […]
RichC | May 3, 2018
From global trade lifting living standards in impoverished nations to on-target inflation making way for interest rate normalization, these are five lessons from the first quarter that suggest a bright economic outlook. Source: 5 Lessons From 1Q 2018 | JPMorgan Chase
RichC | April 30, 2018
Brenda and I have a favorite TV series and are anxiously waiting for the next season, unfortunately Amazon seems to have delayed production — we waiting on season 3. So while we wait, we are re-watching both season one and season two … AGAIN; The Man in the High Castle is a terrific show and has […]
RichC | April 27, 2018
As someone who appreciates a good chart or graphic to illustrate a point, here is a great "Chart of the Week" posted to CNBC’s website this week. The article highlights where the "three comma club" super wealthy keep their money … compared to the rest of us. The graphic looks at the asset distribution for […]
RichC | April 17, 2018
Have you filed your income tax return yet? 2017 returns are due today! While catching up on some reading while out of town this week, Jim Glassman, Head Economist at JPMorgan Chase, had me pondering (and tweeting) about the length of sustained growth that might be possible after the recession. He, and many others, have […]
RichC | April 10, 2018
While reading a bit this past week about retirement savings and planning, it really hit home when realizing just how lifespans have changed in the past 100+ years. Did you know: •In 1900, the average life expectancy was 47 years. Only 100,000 Americans lived to age 85. •By 2010, the number of people over 85 […]
RichC | March 31, 2018
I’ve been around long see banking change from daily dealing with a local banker that I knew by name … who also knew me (and my business) by name … to just a drive up teller window or ATM to the latest technology of snapping pics of checks and tapping on a smartphone. I sort […]
RichC | March 28, 2018
Q: What is the best breakfast deal? A: Taco Bell’s Mini Skillet Bowl My son Taylor and I in agreement that the best deal around for a tasty, quick and inexpensive fast food breakfast is the Taco Bell Mini Skillet Bowl. Where else can you jump start your day for $1.00 … and get as […]
RichC | March 22, 2018
It doesn’t get much uglier for investing than inching closer to a full blown trade war with China (and others) … and the financial markets aren’t taking it well as they are not in or very near correction territory – perhaps the Fed can go easier on rate hikes? President Trump followed through on signing […]
RichC | March 9, 2018
Enjoyed the opportunity to ask questions and exchange thoughts with a Twitter management group working on improving online #health (safety/abuse). The live Periscopechat was a way for Twitter operate as transparently as possible. They will be opening an RFP process (request for proposal) from academia and the community. Twitter along with most of Silicon Valley […]
RichC | March 5, 2018
After President Trump’s bombshell about placing tariffs on US imported steel and aluminum last week (although he did suggest it during his campaign for president), comments made later made it sound like cooler heads may prevail — that … and the fact that many of President Trump’s advisors remained quiet or gingerly disagree. Speaker Paul […]
RichC | February 23, 2018
New "old" reading this week as I picked up "The Little Book of Value Investing" by Christopher H. Browne. The information is something I should know more thoroughly than I do and the reading is relatively easy as value investing is a time tested concept proven over the years by investor gurus like Benjamin Graham […]
RichC | February 9, 2018
With the rapid drop in oil prices, and equal "10% correction" in the overall stock market, will improving wages offset by falling commodities (oil) cause the Federal Reserve rethink their concern that inflation is picking up? Current thoughts were that we could see three quarter point rate hikes in 2018 if the economy continues to […]
RichC | February 8, 2018
So much for the "good news" that tax cuts will eventually providing revenue by helping the economy grow. The "hope" is that over time the economy growing will put more people to work (it is) and that the snowball would eventually grow paychecks (it is) AND that we could begin to reduce our country’s yearly […]
| S | M | T | W | T | F | S |
|---|---|---|---|---|---|---|
| « Nov | ||||||
| 1 | ||||||
| 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| 9 | 10 | 11 | 12 | 13 | 14 | 15 |
| 16 | 17 | 18 | 19 | 20 | 21 | 22 |
| 23 | 24 | 25 | 26 | 27 | 28 | 29 |
| 30 | 31 | |||||
Subscribe in a reader