Oh By The Way

Europe and the Americas did much worse than the rest of Asia. It makes sense to expect Asia to get smacked overnight although I am not sure what this portends for the US on...

Make A List!

Put me down as someone who hates that term. Throw “shopping list” in there too. This line of thought makes so many assumptions about people and their portfolios that are almost never...

Make A List!

Put me down as someone who hates that term. Throw “shopping list” in there too. This line of thought makes so many assumptions about people and their portfolios that are almost never...

Stay Classy

“?Como Estan….?” If you saw the movie you know what Ben Stiller’s line was and sorry no upside down question mark on my keyboard. A little Ron Burgundy will always be good for a laugh even on a big down day. Some folks have come on TV or have said in print that this is healthy. I think a better word is normal. Declines and corrections are normal. As I see the SPX now it is down on the year which is probably not a call to panic but will probably rattle a cage or two. It is strange, to me anyway, that gold is down today and it is interesting that the yen is up a lot. I have been pointing to the yen as a possible catalyst for a correction for a few weeks now and while China is clearly the catalyst the yen would seem to be playing a big supporting role. When the market opened I was lagging on the day but somehow the lag has evaporated and things are going a little better for me today. While that is fine, any clients who have not been reading my stuff for the last umpteen months will probably not take solace although no phone calls yet (insert nervous smile). For people that were looking ahead to when the next bit of ugliness (what I have been preaching) would come and realize that it has no direct impact in their long term goals are probably in a better emotional place today than some other...

Stay Classy

“?Como Estan….?” If you saw the movie you know what Ben Stiller’s line was and sorry no upside down question mark on my keyboard. A little Ron Burgundy will always be good for a laugh even on a big down day. Some folks have come on TV or have said in print that this is healthy. I think a better word is normal. Declines and corrections are normal. As I see the SPX now it is down on the year which is probably not a call to panic but will probably rattle a cage or two. It is strange, to me anyway, that gold is down today and it is interesting that the yen is up a lot. I have been pointing to the yen as a possible catalyst for a correction for a few weeks now and while China is clearly the catalyst the yen would seem to be playing a big supporting role. When the market opened I was lagging on the day but somehow the lag has evaporated and things are going a little better for me today. While that is fine, any clients who have not been reading my stuff for the last umpteen months will probably not take solace although no phone calls yet (insert nervous smile). For people that were looking ahead to when the next bit of ugliness (what I have been preaching) would come and realize that it has no direct impact in their long term goals are probably in a better emotional place today than some other...