Commentary

As you know, we’ve been saying for some time that we believe the Federal Reserve will continue to maintain an accommodative interest rate policy.

I was driving into the office at about 6 o’clock in the morning on September 11, 2001. A cool clear morning driving on the highway. 

That morning, I was talking to a bond trader in New York City about placing a trade when he suddenly said, “I have to go, somethings happening”. I really don’t know what happened to that trader in New York, but I still wonder about him. The attacks were happening at that very moment.

A Crazy Year

Rebalancing

Fires

The fires that are rampant in California are heartbreaking and disruptive. At the very least, air quality is affected and in more extreme cases, people are losing houses, livelihoods, and security.

An Important Topic

For the first time in eight months I stepped on a plane for a quick trip. I was wearing a mask and gloves and using liberal amounts of hand sanitizer.

With all the money floating around through federal giveaways, one might think banks are also feeling equally generous towards potential borrowers.

Last week I shared with you the reasons why I believe the market has rallied despite all the current negative news.

Here is this week’s audio link about the content’s of this week’s Common Sense.