#Coronavirus Caution According to Johns Hopkins, as of January 20, there were 278 confirmed cases of the insidious Wuhan coronavirus. Just over a week later that number his risen tenfold to over 9,800 infected persons. Financial markets have moved into the red for the year; the #DJIA is -3.7% from its mid-month all-time. Rapidly rising cases of the
read more Wuhan Coronavirus Worries!Author: chip
How Overvalued are Stocks?
Stocks have been on one heck of a run since this bull market began in March 2009. At present, and throughout this bull market, there have been those/many actually calling for at minimum a selloff, or something far direr. When it comes to investing monies for the future, using history as a guide is a
read more How Overvalued are Stocks?Upbeat November Jobs Report Buoys Stocks
266,000 new jobs were added to private and public payrolls in November, totaling 2.2 million the past 12 months. Of this, the private and public sectors increased their job counts by 2.0 million and 162 thousand, respectively. Healthcare and social assistance, leisure and hospitality, and professional and business services showed the most significant gains industry-wide
read more Upbeat November Jobs Report Buoys StocksIs Recession Nearing?
There’s been plenty of clamoring that economic downturn would begin in 2019. NYT’s columnist and Nobel Prize-winning economist Paul Krugman has emphatically warned investors that a Trump victory would “trigger a global recession with no end in sight.” In February, he forecasted a recession for latter 2019. Next, there was the imminent threat stemming from
read more Is Recession Nearing?S&P 500 + NASDAQ = RECORD LEVELS
Nasdaq Composite closed up 1.06% or $220 billion for the week; the S&P 500 rose .85%, $115 billion. Markets are said to “climb a wall of worry,” this time is no different. Have a great weekend, spend a little extra, and give back! #digitaladvisor 1db.com
read more S&P 500 + NASDAQ = RECORD LEVELS