Hello friends! I hope this post today finds you doing well.
My wife and I have been traveling and my post is brief today, yet salient. This market is very much on edge in my view. The CBOE Volatility Index (VIX) doesn’t indicate fear among investors at this time. Yet, there are so many uncertain and significant macro variables lurking that could change things quickly and adversely with regard to the continued (surprising) relative resilience of the current stock market. […]
Hey Friends. I hope your summer is off to a great start. Here in the deep south, we have recently seen unusual rains and electrical storms but it has all calmed down now and it’s the typical summer weather again (hot and humid with isolated showers once in a while).
While the weather has been unusual lately, the market is more unusual, in my view. Feelings can steer you off course, but this market feels very “weird” to me. The uncertainties of runaway debt levels coupled with inflation where the jury is still out on the Fed’s future course of adjusting interest rates just don’t seem to correlate at all with the confidence shown toward stocks. […]
Many of the things written in my book, “Choose Stocks Wisely,” with regard to proper risk analysis of companies are simply the things that are required where sound personal money management is evidenced. Today, I’ll share some thoughts toward making sound monetary decisions. The following list of financial practices can aid in avoiding money troubles and conversely lead to financial stability and opportunity to assist with needs of others: […]
When one is analyzing larger companies, one thing to check for is whether a company is borrowing money at the same time it’s buying back company stock, either to hold as treasury shares or to retire shares. While the balance sheet will reveal the net change in debt and common stock from period (quarter) to period, it does not break the change down sufficiently for someone to understand exactly what transpired during the quarter to explain the change. […]
