It continues to be a very bad year for most asset classes this year. Here are a few charts that gives us a good idea of where we stand today. They may also give us a glimpse of what is to come. This graph is based on the University of Michigan Consumer Sentiment survey. The …
What I am Watching
Global stocks have bounced significantly off the lows set in mid-June, yet they are still a long way from getting back to where they started the year. Inflation is stubbornly high, and the Federal Reserve is intent on hiking interest rates to help lower inflation. It seems like you could make an argument for the …
Wealth, War and Wisdom
I recently finished reading "Wealth, War and Wisdom" by Barton Biggs (Amazon link: here). This book looks at how various stock markets (US, UK, Germany, France, Japan and others) reacted to the events surrounding World War Two. This book is a must read for any stock market nerd - a perfect blend of general history …
Two Charts to Watch in 2022
So much has already happened in the financial markets thus far in 2022, it's hard to pick only a few charts that will help us understand what the rest of the year may bring. However, this five-year chart of the German 10-year government bond yield paints an interesting picture. German ten-year yields had a positive …
What To Expect In 2022
With 2021 winding down, all eyes are on what will happen to markets in 2022. Let's start with the very basic fact that no one knows what the future holds - but it sure is fun to guess! I would think that COVID's effect on markets in 2020 and 2021 would have humbled the most …
The Naperville Financial Planner 