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9.26.2017 Bookmark

9.26.2017

Good morning everyone, I hope the morning finds you well. 

Yesterday we had a "red" day. Late in the afternoon, they did their best to get us off the worst levels and when it was all over, we had the DOW off about 55, the S&P off about 5. In a market this tall, that's not even a rounding error. Some were blaming the fall on the increased rhetoric between NK and the US, but I don't really buy that. In the beginning acts of the war of words, the market would indeed get shook up over the strong language, but after seeing "nothing" happen time and time again, they've learned to ignore it all. 

9.25.2017 Bookmark

9.25.2017

Hello all, and welcome to Monday. I hope your weekend was wonderful, and you really got a chance to enjoy it with family and friends. Ours was pretty subdued as my bride is fighting a cold that won't let go, and rest is always the best strategy.

9.22.2017 Bookmark

9.22.2017

Good morning all, we've made it to Friday. 

Well that didn't take long. Yesterday, Trump announced new sanctions against North Korea, and also stated that the Chinese would indeed be willing to stop all banking transactions with the nation. Around the Asian sphere, other nations curtailed their dealings with Kim, including stopping the shipment of oil to his country.

9.21.2017 Bookmark

9.21.2017

Hello all, good morning to you. 

So, we got past Yellen and her FOMC cronies.  The "plan" they say, is to start taking down their balance sheet in October, an exercise that will last a long long time. We also learned that 12 of 16 Fed heads still favor another rate hike this year. 

9.20.2017 - Free Investing Newsletter is up! Bookmark

Hey folks, just a quick note that the latest edition of the free newsletter is up. Tonight we're talking about the madness/problem that is indeed North Korea, and then of course in the market section, we discuss the Fed's latest meeting.

Today the FOMC released their statement concerning lessening their balance sheet and what they see with rates. Then Yellen held a press conference to calm everyone down and get the market back into the green. Give it a read, it's worthy. 

9.20.2017 - Free Investment Newsletter Bookmark

North Korea
The dance continues.
 
NOTE>> A big Thank you to the folks that were generous enough to use the donate button to send some hurricane relief. I mentioned Sunday that I'd use any donate money to buy "stuff" for the people more inland than us who really got waffled in Irma. I want you all to know that yesterday afternoon, I took almost 900 dollars worth of food to 4 families that had lost almost everything in River floods. Thanks folks, you've been a blessing. 

9.20.2017 Bookmark

9.20.2017

Hello everyone, welcome to a new day. 

So today is Fed day. The Fed's spent yesterday chatting about what they're going to do with rates and QE policy. Today we get to hear the results. 

9.19.2017 Bookmark

9.19.2017

First off, I'm sorry about yesterday. But this is the kind of "not quite normal" I"m talking about. The town alerted us that they'd be shutting the power down so they could fix two lift stations. They said it would go down at 10 and last "maybe " 3 hours. 

9.18.2017 Bookmark

9.18.2017

Good morning all, welcome back from your weekend. I hope it was a pleasant one for you all. I've written enough Hurricane news for now, so let me just say all is getting better day by day.  The ONLY fly in the ointment I see right now is that today at 10 am, they're going to turn off the power for about 3 hours, as they have to replace a couple "sewer lift stations" in our area. 

But at least it's scheduled, not some "out of the blue"  power outtage.  

9.16.2017 - Sunday's Free Letter is UP! Bookmark

Hello all...

Today the letter is mostly about the Storm. Irma was quite the adventure, and my heart goes out to the folks that really took it hard. Sarasota was spared in a big way, hitting us with Tropical Storm force winds, with a few hurricane gusts tossed in. But just East of us is total devastation. Key's like Devastation. 

So I simply chat about the days leading up to the storm, and the aftermath.  Then in the market section, I post a couple "fantastic" headlines I saw Thursday after we got power back. Folks, we're living in an alternate universe, I'm convinced. 

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