Earnings Season starts in earnest and June CPI is announced this week… what can we expect? What about when the Fed meets later in the month? There are reasons to believe some aspects of inflation may start to cool off, but one big reason that the Fed cannot stop raising rates to slow the economy…
The first six months of 2022 have been the WORST first half of a year in 50 years. Typically, when stocks sell-off, bonds do well! Unfortunately, NOT so far in 2022. Given the challenges of this environment, Jesse & Chris take a look back at the first half of the year and take stock of…
This week’s episode of Random Gleanings has Chris and Jesse discussing which side of the proverbial scrimmage line they are standing on – Offense or Defense – on portfolio construction. They share some research components behind the PP&W Risk Management Process that guides the decision-making process on how to position portfolios defensively or offensively. Finally,…
Recessions are defined officially by economic calculations – two consecutive quarters of shrinking GDP – but it is fair to say that those of us who are not economists have a sense when the economic engine starts to stutter. So… are we in a recession? We’ll have to wait for the National Bureau of Economic…
“Look I was wrong about the path inflation would take.” – Janet Yellen The May Consumer Price Index (CPI) report comes out on Friday (June 10, 2022) and there is some reason to think it continues to come off the highs (8.5% March… 8.3% April), but regardless, it sure doesn’t feel like the good ol’…
Markets can’t be predicted, but it’s said that “history often rhymes.” The challenge of this market right now is there are some signals that can support both bullish and bearish outcomes. As such, defining one’s time horizon (accumulator vs distributor), managing risk, and some humility in navigating these choppy waters remains prudent. Chris and Jesse…
This week Chris introduces the idea of 3 Phases of a Market Sell-off and it’s Recovery. The framework as proposed is Phase 1: Get Out of the Way, Phase 2: Get Your Buying List Ready, Phase 3: Birds are Singing Again . Watch/Listen the guys work through this framework and send your thoughts (info@proplanwealth.com) as…
How’s Your Portfolio? Is it strong? Fairly strong? Maybe not so strong? Chris and Jesse begin by talking about the “Pay Attention” call 6 weeks ago, what we’ve seen since, and what we see on the horizon. Thanks as always for watching and subscribing! For a closer look at the Charts in the video, visit…
With 11 Million open jobs, it’s unlikely you are in need of finding work, but if you are looking for a career change consider WalMart Truck Driver! Chris shares some news on that subject in this week’s Random Gleanings, and Jesse has already submitted applications for his boys. Beyond that, the guys look at sector…
Last year, inflation was thought to be transitory – it will go away after the post-COVID supply chain improves, right? The story is more complicated, and it has impacts on your portfolio. If you aren’t paying attention, it could cost you money. In this edition of Random Gleanings, we discuss some of the implications of…
