Monthly Updates

With approximately 7 minutes left in the game last Sunday at SoFi Stadium, a 17-17 tie between my 49ers and the LA Rams, Jimmy Garoppolo and his offense had a chance to take the Niners to the Super Bowl for the 2nd time in 3 seasons. But, the offensive line failed to give him enough […]

In their final meeting of 2021 last week, Fed Chairman Jerome Powell announced that the asset purchases the Fed has been making for about 18 months now at the clip of $140 billion per month, would not only be “tapered” further, but will now end in March of 2022. At that point, the Fed will […]

After being an afterthought for the last 20 years at mostly under 2.5% annualized, inflation is dominating our lives in many areas, from gas prices to food to homeowners insurance (basic materials) and beyond, including wages. In simple terms, inflation is too much money chasing too few goods. It’s certainly more complicated than that. However, […]

I’ve been trading/investing in high yield corporate bond funds since the mid-1980s, after stumbling onto a formula that we still use a variation of today. It works. In the fixed income component of our clients’ diversified portfolios, junk bond funds make up 70% of the allocation (when we’re in risk on mode). To those not […]

How many of you have heard this story before? A friend shares over coffee or a beer how much money they’ve been making in Apple, Amazon, Tesla or Pfizer. You’re intrigued. After all, those guys at TABR have you in boring, old, index funds via ETFs for your stock market exposure. You know, the S&P […]

The late Hall of Fame baseball player and manager Yogi Berra was also known for his many quirky quotes. Back in 1985, a sportswriter was describing the performance of golfer Payne Stewart, who had just lost a tournament on the first extra hole, just as he had done the prior year at Colonial. The writer […]

This month, I’m back to being a child of the 70s, and relating some of my musical tastes to what is presently happening in financial markets. This is what happens when one listens to 70s on 7 on Sirius XM Radio. I haven’t been able to get this melody out of my head, so I […]

Last week, the year-over-year change in the Consumer Price Index (CPI) came in at 4.2%, the highest reading in over 10 years. With the Federal Reserve creating/printing seemingly an endless supply of money, financial commentators began to ask “is this the beginning of 1970s inflation again?” We’ll examine the effects of higher inflation on the […]

We’ve come a long way, baby. No, I’m not referring to the 1978 ballad by the same name performed by Loretta Lynn. I’m talking about the Dow Jones Industrial Average, which first crossed the 1,000 level in November 1972. Today, nearly 49 years later, it sits comfortably above 33,000. We’ll touch on the milestones in-between, […]

Years ago a farmer, whose fields stretched along the eastern seaboard, was looking for hired hands. It wasn’t easy to find help. People were reluctant to work on the Atlantic coast. They dreaded the regular raging storms that wreaked havoc on buildings and crops. Interviewing applicants for the job, the farmer received a steady stream […]