DIASTOLE ECONOMIC AND MARKET COMMENT

It’s Fed week! And a lot has changed since last week, when what the Fed was going to do was still up in the air. Now we (and everybody else) expect the Federal Reserve Open Market Committee (FOMC) to lower interest rates, probably by one quarter of a percentage point....

DIASTOLE ECONOMIC AND MARKET COMMENT

First markets were closed last Monday for labor day. Then we saw optimism about a coming interest-rate cut move markets higher, and finally, on Friday, we saw bad news bringing markets lower. Which is it, people? Is bad news good or is bad news bad? By the end of the...

DIASTOLE ECONOMIC AND MARKET COMMENT

Wow that went fast! It’s September already and I haven’t yet put away my winter coats. Well, in this case procrastination is my friend. And if you were thinking about getting out of the stock market but didn’t, procrastination is your friend, too. In August, the Dow...

DIASTOLE ECONOMIC AND MARKET COMMENT

Smart money used to say, “Sell in May and go away” – meaning that summer was no time to be invested in stocks. Ha! Not this year! On Friday, after Federal Reserve Chairman Jerome Powell spoke from Jackson Hole, markets rallied and the Dow Jones Industrial...

DIASTOLE ECONOMIC AND MARKET COMMENT

Fall is coming, but so is a hurricane. Where you live determines which one hits you first. I’m actually cuspish on the hurricane but looking forward to the season change. Temps in the 70s with low humidity is my idea of heaven. Yay next week! Markets rose last week,...