Jul 31, 2023
(7/31/23) Investors prepare for August with the "rarity" of market performance: entering the seasonably weaker months of summer with 90% of stocks trading above their moving average; there is a high likelihood they will come back down. Earnings Season continues with the bulk of performance reports negative: We're getting...
Jul 31, 2023
(7/31/23) Markets opened strong on Thursday but quickly sold off on news of the Bank of Japan's Yield Curve controls, which turned out ot be a false rumor. Then on Friday, the actual change by the BOJ was revealed to be a nothing-burger. The market rallied, but did not recapture the previous high. Markets this morning...
Jul 28, 2023
(7/28/23) How do Millionaires spend their money? No processed
food: Health = wealth; no cheap stuff; buy in the middle. Look for
dependability in durable goods purchases.
[NOTE: This segment is excerpted from a previous show broadcast on
7/7/23].
Hosted by RIA Advisors Director of Financial Planning, Richard
Rosso, CFP,...
Jul 27, 2023
(7/27/23) An overview of the current earnings reporting reveals profit margins have declined to pre-pandemic levels. Markets' flat response to Jerome Powell post-FOMC meeting presser The effects of shrinkflation are beginning to fade; no 2% inflation expected until late 2025. Will rate cuts return by then? Markets don't...
Jul 27, 2023
(7/28/23) The Dow is on one of the longest winning streaks we've seen in some time; a very different story from the S&P and the NASDAQ. The Dow is only now breaking out of a trading range in which it has been stuck since the beginning of the year. (You have to go back to 1987 to find a comparable winning streak.) The Dow...