The Retired Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? The Retired Investor/@theMarket Wed, 19 Jan 2022 14:51:07 EST en-us @theMarket: Beware the Hikes of March http://www.iberkshires.com/blogs/Bill_Schmick?bid=4239 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4239 Fri, 14 Jan 2022 15:08:00 EST There is a more than an even chance that the Federal Reserve Bank hikes interest rates at least 25 basis points by the end of March 2022. Several analysts expect another three hikes by the end of the year. As an equity investor, this should concern you.   This week, both the... The Retired Investor: No-Shows Threaten Economy http://www.iberkshires.com/blogs/Bill_Schmick?bid=4238 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4238 Thu, 13 Jan 2022 16:18:00 EST Last week, economists calculated that almost 5 million workers failed to show up at their jobs. Given the present upsurge in cases of the Omnicom variant, that should come as no surprise. However, it clearly has Wall Street economists reducing their estimates of first quarter 2022... @theMarket: Fed Meeting Notes Throw Markets a Curve http://www.iberkshires.com/blogs/Bill_Schmick?bid=4237 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4237 Fri, 07 Jan 2022 15:11:00 EST Investors were set back on their heels this week after reading the latest member comments from the Federal Open Market Committee's December 2021 meeting. It suggests that the Fed is prepared to tighten far sooner than most expected.   Members seem to say that the Federal reserve... The Retired Investor: My Dog's Medical Bills Are Higher Than Mine http://www.iberkshires.com/blogs/Bill_Schmick?bid=4236 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4236 Thu, 06 Jan 2022 16:23:00 EST On the surface, it was a good year if you were in the veterinary business. Year-over-year sales grew by 9.1 percent, while patient visits increased by 3 percent. For pet owners, however, not so much.   Owners found that the cost of keeping their pets healthy jumped by about 10... @theMarket: Markets Up on Thin Holiday Trading http://www.iberkshires.com/blogs/Bill_Schmick?bid=4235 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4235 Fri, 31 Dec 2021 15:15:00 EST The Santa Rally continued this week with the S&P 500 Index hitting a new record high. Most stocks that gained did so on little volume. Don't read too much into this week's gains, however.   There is an old, rarely used term called "painting the tape." It is a... The Retired Investor: Climate Change Is Costing Billions http://www.iberkshires.com/blogs/Bill_Schmick?bid=4233 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4233 Thu, 30 Dec 2021 16:04:00 EST In 2021, worldwide, the costs of the ten worst disasters caused by climate change totaled more than $170 billion. It was the fourth time in the last five years that we have suffered that level of damages. Scientists expect next year to be even worse.   Insurance companies, like... @theMarket: Markets Are Heading for Trouble http://www.iberkshires.com/blogs/Bill_Schmick?bid=4234 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4234 Fri, 24 Dec 2021 16:16:00 EST The continuing volatility in the stock market is troubling. It is likely signaling difficult times ahead as early as January or February 2022. As such, it is time to consider risk management.   After over a decade of steadily rising equity prices with few interruptions, investors... The Retired Investor: Time to Hire an Investment Adviser? http://www.iberkshires.com/blogs/Bill_Schmick?bid=4232 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4232 Thu, 23 Dec 2021 15:26:00 EST Individual investors have had a decade or more of gains, compliments of a stock market that has gone up with few interruptions. But as we enter a new era of tighter monetary policy, the road ahead may be a bit rockier than most investors expect. As such, it might be time to enlist a little... @theMarket: Markets Keep Churning http://www.iberkshires.com/blogs/Bill_Schmick?bid=4230 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4230 Fri, 17 Dec 2021 16:32:00 EST As most investors expected, the Federal Open Market Committee announced the start of their tapering effort but doubled the pace of the monthly taper to $30 billion a month until March 2022 when the effort will conclude. In addition, FOMC members see three, 25-basis-point increases in the Fed... The Retired Investor: Has Labor Found Its Mojo? http://www.iberkshires.com/blogs/Bill_Schmick?bid=4229 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4229 Thu, 16 Dec 2021 14:56:00 EST Workers in America are rethinking who they are and what they want. For the first time in decades, the stars have aligned to give the labor movement a much-needed lift. Will this prove to be a flash in the pan or something more lasting?   The share of American workers who claim union...