August’s Price Drop May Present Opportunities While stocks fell during August amidst a wave of bad news, including the deepening, widening rift with the communists in China, corporate profits are showing growth. In fact, China’s downturn, US reshoring, and energy stocks are the key issues going into the fall. FED rates likely won’t fall until…
Markets Staging a Rally? Is last week’s market rally a real trend in investor sentiment? What caused the rise this month and the jump this week? Was it a technical correction, short covering, rising GDP report, or news regarding inflation rate in October so far (privileged data, not publicly available)? This chart shows how strong…
Is the US Headed for a Recession? Recession Watch 2023: Is the possibility of a recession next year just negative thinking or is it clear thinking? Many don’t want to consider the unthinkable, yet we know what the signals are and how we’ll respond. Increasingly, the prediction of a recession is reaching full consensus with…
Twitter Sues Elon Musk to Avoid Catastrophe Following on the heels of an embarrassing rejection from potential billionaire buyer Elon Musk (Tesla), the social media platform called Twitter is on very shaky ground. As it turns out, the ground under Elon Musk is beginning to quake too. His company Tesla was doing well, yet with…
A Democrat Defeat Could Help Avoid a Recession Right now the talk is all about a recession and many see it as inevitable with no means of prevention. Even Larry Summers has raised his forecast for a recession to a gloomy 100%. These people have fully bought into the idea that the economy follows the…
Is There Any Chance Home Prices will Fall? The top question from buyers isn’t about how to save and qualify for a home mortgage, or how to win a bidding war, or how to choose a Real estate agent. The top question asked is “when will home prices fall?” The rationale is simple. They want…