@theMarket: Turmoil Keeps Investors on Their ToesBy Bill Schmick,
03:14PM / Friday, February 07, 2025 | |
Two Mondays in a row, investors have had an opportunity to buy the dip in the stock market. In February there may be even more chances to do so depending on geopolitical developments.
For the source of much of this week's volatility, one need look no further than the White House. The number of executive orders has ramped up further. On-again, off-again tariff talks sent traders into despair, and then giddiness.
In the few hours between daily press conferences and announcements, markets held their breath with one finger on the buy button and the other ready to sell. If you throw in geopolitical news on topics such as Gaza, Greenland, Panama, Iran, 0 Comments
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The Retired Investor: Here Comes Super Bowl 59By Bill Schmick,
04:28PM / Thursday, February 06, 2025 | |
Game Day is just around the corner. On Feb. 9, at the Caesars Superdome in New Orleans, the Philadelphia Eagles will face last year's winners, the Kansas City Chiefs. America is gearing up for the biggest game ever.
Grocery stores are stocking up on chicken wings, nachos and soda. Consumers are shopping early and spending more while companies are breaking records on ad spend. And for many viewers, the Chief's tight end's romance with Taylor Swift will add a dose of human interest to the festivities.
This year the heavy demand for ads had some 30-minute spots selling for more than $8 million versus $7 million last year. It is probably the only TV 0 Comments
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@theMarket: A Roller-Coaster Week in the MarketsBy Bill Schmick,
02:36PM / Friday, January 31, 2025 | |
As January ended, the pace of activity across global financial markets had traders lurching from one event to another. If this is a prelude to what investors can expect from 2025, fasten your seatbelts because this could be a bumpy ride.
Monday opened with a huge move down led by technology stocks. The trigger for the decline was DeepSeek, a small, little-known Chinese private company that announced a breakthrough in artificial intelligence. It created a ChatGPT-like AI model with all the capabilities of companies like OpenAI, Google, and Microsoft but at a fraction of the cost.
The company claims it has spent just $5.6 million on computing power for its 0 Comments
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The Retired Investor: Trump and the China tradeBy Bill Schmick,
04:20PM / Thursday, January 30, 2025 | |
It was supposed to be Agamemnon. Sixty percent plus tariffs on all Chinese products imported into the U.S. levied on Day One. What happened? Nothing.
Investors are still waiting for the first shoe to drop on the world's second-largest economy and America's No. 1 enemy. China has been the nation's punching bag ever since Donald Trump first acted against that country in his first term.
His actions resounded favorably with most Americans. China-bashing took on a life of its own. Decades of losing U.S. jobs and investment to China took its toll on both Democrats and Republicans. President Biden took up the baton and in the name of national security 0 Comments
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@theMarket: Markets Head Toward New Highs in FebruaryBy Bill Schmick,
12:22PM / Saturday, January 25, 2025 | |
As we step into the new year, stocks have soared in celebration as Donald Trump took the reins of office. This transition of power has brought a wave of optimism, which can continue, although a mild bout of profit-taking in the near term should be expected.
A flurry of Day One executive orders kept the markets busy parsing the meaning of this one or that one. However, the enthusiasm had more to do with what President Trump did not do than what he did. The greatest fear of investors was that the president would levy 10 percent tariffs across the board on all nations. Some nations, such as China, Mexico, and Canada, were expected to get hit by even higher duties on Day One. 0 Comments
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