Assessing the effect of a Trump victory in November is much easier than evaluating a Biden win. Trump is a known entity and despite his unusual style, the actions he takes have been fairly predictable. Wall Street does not like uncertainty and so many investors and analysts are noticeably concerned about how a Biden presidency…
Now that the political parties have chosen their candidates, I would like to offer my preliminary assessment of how investors might be affected by the November election. It is possible to look at history and party platforms to get an idea of the direction one party might take the country, but politics is messy business…
I went golfing with a man who asked if I could help him with his retirement planning. He began to tell me a very common financial life story that I have heard many times. He had always struggled to save money. He spent his life earning quite a bit, and spending it as he went…
This week it was reported that second quarter (Q2) Gross Domestic Product (GDP) fell more than at any time in history, and on the news the stock markets opened significantly lower. Trying to figure out the mind of an investor can be a challenging task. Sometimes I think the investing public has an unlimited capacity…