The Retired Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? The Retired Investor/@theMarket Tue, 29 Nov 2022 09:34:42 EST en-us @theMarket: Investors Await Inflation Data http://www.iberkshires.com/blogs/Bill_Schmick?bid=4315 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4315 Sat, 26 Nov 2022 11:03:00 EST December could be a risky month for the stock market. A spate of inflation data, a European Union Russian energy embargo, and another Fed meeting toward the middle of the month, could determine the state of the stock market.   Traders are split between bulls and bears. The bearish... The Retired Investor: Time to Rebuild the Strategic Petroleum Reserve? http://www.iberkshires.com/blogs/Bill_Schmick?bid=4316 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4316 Fri, 25 Nov 2022 15:19:00 EST The nation's Strategic Petroleum Reserve (SRP) has been reduced by more than 25 percent over the last year. That is the lowest level in 40 years. Oil had dropped below $80 a barrel mark this week, causing some critics to argue that it might be time to start building the SRP back up. I... @theMarket: Markets on Hold http://www.iberkshires.com/blogs/Bill_Schmick?bid=4314 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4314 Sat, 19 Nov 2022 10:31:00 EST Thanksgiving is right around the corner and then the Christmas holidays are upon us. Will Santa deliver coal, or will the stock market find gains in their stocking?   The bulls are expecting a pretty good market between now and year-end. Historically, the evidence is on their side,... The Retired Investor: U.S. Veterans Gaining Jobs http://www.iberkshires.com/blogs/Bill_Schmick?bid=4313 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4313 Fri, 18 Nov 2022 15:26:00 EST The unemployment rate for veterans in the U.S. is 2.5 percent. That is a level that is 1.2 percentage points lower than the national unemployment rate. Much of this declining jobless trend can be attributed to the success of hiring, training, and education programs of businesses and the... The Retired Investor: Inflation Hits COVID Dog Owners http://www.iberkshires.com/blogs/Bill_Schmick?bid=4312 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4312 Thu, 10 Nov 2022 16:35:00 EST More than 23 million Americans purchased or adopted pets during the COVID-19 pandemic. Today, these new pet owners are discovering that the costs of caring for these pets are climbing higher and higher as inflation takes its toll.   The annual inflation rate over 12 months ending in... @theMarket: No Pause, No Pivot, Says Fed http://www.iberkshires.com/blogs/Bill_Schmick?bid=4311 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4311 Fri, 04 Nov 2022 15:38:00 EDT It should have come as no surprise, but it did. Investors were poised for a slightly less hawkish Jerome Powell but were once again disappointed by the Federal Reserve Bank chairman.   Chairman Powell and his Federal Open Market Committee's decision to maintain a course of... The Retired Investor: Economics of Daylight Savings Time http://www.iberkshires.com/blogs/Bill_Schmick?bid=4310 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4310 Thu, 03 Nov 2022 17:20:00 EDT On Sunday, Nov. 6, 2022, Americans turn their clocks back to Standard Time. Earlier in the year, the U.S. Senate unanimously approved a bill that would have made Daylight Savings Time (DST) permanent as of Nov. 20, 2023. What happened?   The U.S. House of Representatives has failed... @theMarket: Markets Consolidate Before the Fed http://www.iberkshires.com/blogs/Bill_Schmick?bid=4309 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4309 Fri, 28 Oct 2022 16:48:00 EDT Traders are hoping for good news from the Federal Open Market Committee meeting on Nov. 2. Stocks have been rallying in anticipation, but the Fed has disappointed before. Will they do it again?   The bulls figure it this way: The economy is expected to weaken, at least moderately.... The Retired Investor: Halloween Spending Should Hit Record Year http://www.iberkshires.com/blogs/Bill_Schmick?bid=4308 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4308 Thu, 27 Oct 2022 15:57:00 EDT A parade of Spider-Men, dinosaurs, and the kids from "Stranger Things" will likely be ringing your doorbell this weekend. However, adults, schools, and communities are also planning their celebrations. Together, Halloween spending should top $10.2 billion.   That's the... The Retired Investor: Pray for a Mild Winter http://www.iberkshires.com/blogs/Bill_Schmick?bid=4306 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4306 Sat, 22 Oct 2022 09:25:00 EDT Household heating prices this winter are expected to be higher as a result of the ongoing Russian-Ukraine conflict. Depending on the severity of the winter, gas supplies could be in short supply, especially in the Northeast.    The U.S. Energy Information Administration is...