Hi friends. I’ll leave the question posed in the title of this week’s post for you to ponder. I certainly have my own opinion.
I’ll share some recent August articles from the managing editor of Yahoo Finance, Sam Ro, with regard to the reasonableness of the continuing strength of the major U.S. stock indices. […]
One of the great blessings derived from writing my book has been the many friends I’ve made. Friendship is such a blessing! One dear friend, David, corresponds with me from time to time and he wrote me this past week with a question. At the conclusion of the discussion, he suggested that maybe I use the conversation as the content of a blog post. David beat me to it in that I was going to ask him about sharing the matter in a blog post. Thanks, David! […]
Reported yesterday, the GDP of 1.2 percent annualized growth for the quarter April through June was far below the 2.5 percent predicted by economists. In this post, I’m going to share a couple of articles (links) from yesterday written in response to the lowly GDP number, articles that don’t paint a rosy picture of what may lie ahead. While I try to follow the economic data and achieve a balanced perspective, as a stock investor in this current environment I remain very risk averse and watchful-eyed, especially with the stock market indices setting records after almost 7 years of market strength following the March 2009 lows in major indices. […]
I hope you are well this Saturday, friends.
I surely don’t need to offer a laundry list of online links to persuade anyone of the uncertainties that surround us all today. We live in such uncertain days. I’m thankful the Lord God is a refuge of spiritual rest and calm to whom one can turn amid the storms of life. […]
Hi friends. As I’m sure you know, the British voted to exit the European Union (EU) last Thursday evening. Go here to read all about the event (and more). The Dow Jones Index promptly found itself down almost 1000 points at one point on Monday of this week from last Thursday’s close. Yet, here, one week later on Thursday evening as I write, the DJI has almost fully recovered over the last three days of trading. Wow, talk about volatility!!!
The exit of the United Kingdom (frequently referred to as Brexit for British Exit) was a shocker for most stock market prognosticators who believed Britain would vote to remain in the EU. This major surprise followed another shocker earlier this June when the U.S. witnessed a dismal jobs report for the month of May. The forecast was for 162,000 new positions but the number came in at 38,000. Go here to read more about the poor jobs report.
Following the double whammy impact of the awful May jobs report and the vote “for” Brexit, there’s plenty of chatter now about the Fed possibly doing a 180 from the stance it had just before the May jobs report was released in early June. Prior to that release, it seemed that several interest rate hikes by the Fed were likely on the table for 2016 and the first of those increases was expected for this July by many experts. However, now there is actually talk of the Fed possibly cutting the interest rate before the year is out. Go here to read more about this.
Could another round of quantitative easing actually be on the horizon? It’s an interesting question, for sure. A weaker dollar favors gold as does growing […]
I hope this will be a wonderful Father’s Day weekend and that you will build some treasured memories. Family is such a blessing from the Lord. It is so good to celebrate the relationships and design of the Heavenly Father. God is good!!! […]
Dear friends,
Today I’ll share some thoughts about one of my favorite Christian hymns “When I Survey the Wondrous Cross.” It was published in 1707 and written by Isaac Watts. Perhaps you are familiar with the hymn’s words that follow: […]
In my book, “Choose Stocks Wisely, I present my balance sheet method for investing which includes tests for balance sheet quality. A balance sheet needs to be amply liquid in terms of working capital and not overly leveraged (indebted), and ideally have assets largely tangible in composition. This week, I want to share some recent news articles concerning bankruptcies in the oil and gas sector. […]
My dear mother went to be with Jesus several years ago. Mama was always there for her children. My sister, brother and myself were so blessed to have such a wonderful mother and not a day passes that I don’t miss her. […]
Hello friends. I hope you are having a good Saturday.
I’ve talked about the goodwill asset before here in a blog post and also discussed it in my book, “Choose Stocks Wisely.” Goodwill is an intangible asset that is recorded by an acquiring company. When a company acquires all or a part of another company, it may pay more than the fair value of the assets identified on the balance sheet. Note, that I wrote “the fair value of the assets ‘identified’ on the balance sheet.” […]
