Random Gleanings: Pros & Cons – Forward Looking Market Analysis

2022 has brought volatility back to investors in a big way. If BUMPY described Q1 22, and SCARY described Q2, then RELIEF may describe Q3 to this point. BUT… Where do things go next? Chris and Jesse investigate what’s next approaching the question from both sides – the Bull Cases (Pros) and the Bear Cases…

Random Gleanings: Guns Blazin’!

This week, the Consumer Price Index (CPI) inflation number came in lower for July (8.5% YoY) versus June (9.1% YoY). Seeing this number begin to decline has certainly been welcome news for markets. However, the headline rate (8.5%) may not be telling the whole story on this battle to stymie inflation. Hear Chris and Jesse…

Random Gleanings: Stock Market Rebound or Recession?

We’ve just experienced two quarters of negative GDP which has historically been a signal that we are in recession. Washington is telling us that we are NOT in recession. What’s the deal with that??? Chris and Jesse tackle this question along with sharing some thoughts on what’s happening in earnings season, what the Fed is…

Random Gleanings: Markets – Current Concerns & Forward Returns

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…

Random Gleanings: Mid-Year Review – What We Got Right vs Wrong

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…

Random Gleanings: Market Strategy: Defensive or Aggressive?

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,…

Random Gleanings: Is This a Recession?

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…

Random Gleanings: Inflation Nation

“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’…

Random Gleanings: Now & Later – Why Markets Are So Challenging

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…

Random Gleanings: 3 Phases of Market Recovery

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…