There’s no shortage of panic-button statements from financial commentators. However, when the alarm bells are being rung by the chief executive of one of America’s biggest banks, investors are bound to sit up and pay attention. As you’re surely already aware, the U.S....
At 92 years of age, Berkshire Hathaway CEO Warren Buffett has as much clout as he’s ever had. Unsurprisingly, tens of thousands of shareholder waited on every word that came forth from the Oracle of Omaha at Berkshire’s 2023 annual meeting. What was surprising,...
Between the debt ceiling cliff approaching, recession probability rising, and U.S. banks failing, there’s no shortage of problems for depositors and investors to worry about. On top of that, we’re entering the six worst seasonal months of the year – the “sell in May...
Two weeks ago, Warren Buffett tried to warn people that there would be more bank failures. The Treasury Department’s apologists dismissed Buffett, which is rarely a good idea. As it turns out, he was 100% spot-on as usual, as First Republic Bank collapsed before our...
CALM BEFORE THE STORM: The Other Shoe Hasn’t Dropped Yet! The seas are tranquil in the financial markets – at least for now. Volatility in the S&P 500 and NASDAQ are at their lowest point in at least a year. Complacency and greed are the prevailing sentiments, and...
With the possible exception of option sellers, pretty much everyone likes it when the stock market picks a direction and sticks to it. It’s frustrating, however, when the market grinds sideways or chops around, which it has done for the past year. The month of April...