With 2022 behind us, Wall Street analysts and investors are doing their best to discern what will happen to markets in 2023. Markets are well off of their 2021 highs, but they also have bounced nicely off of the 2022 lows. Will we revisit the October lows in 2023? Or will we head back to …
A Few Interesting Charts
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 …
The Naperville Financial Planner 