The Retired Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? The Retired Investor/@theMarket Sun, 28 Feb 2021 05:40:41 EST en-us @theMarket: Higher Interest Rates Clobber Stocks http://www.iberkshires.com/blogs/Bill_Schmick?bid=4157 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4157 Sat, 27 Feb 2021 11:42:00 EST In the grand scheme of things, a small, upward blip in the yield of the U.S. 10-year Treasury bond should be of little concern to equity investors. But sometimes, when the conditions are ripe, even the tiniest spark can cause a conflagration within a speculative stock market.   As... The Retired Investor: SPAC Attack http://www.iberkshires.com/blogs/Bill_Schmick?bid=4156 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4156 Fri, 26 Feb 2021 12:37:00 EST One of the hottest trends on Wall Street today is "special purpose acquisition companies" or SPACS. There is hardly a day that goes by without an announcement of a new SPAC, or the acquisition and merger of a private company by one.   It works like this. Even though they... @theMarket: Stocks Versus Bitcoin http://www.iberkshires.com/blogs/Bill_Schmick?bid=4155 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4155 Fri, 19 Feb 2021 16:48:00 EST There was no contest this week. Cryptocurrencies took center stage as the stock market churned, chopped and gave investors a little indigestion. Welcome to the market's brave new world.   It appeared that Bitcoin was the answer to whatever ails you. Higher interest rates, the... The Retired Investor: Clubhouse Comes of Age http://www.iberkshires.com/blogs/Bill_Schmick?bid=4154 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4154 Thu, 18 Feb 2021 16:09:00 EST The latest entrant into the social media orbit is an audio-only chat app called Clubhouse. The internet company had a $1 billion valuation before it had a business plan. That is even more surprising since membership is by invitation-only.   On Jan. 24, 2021, the company announced... @theMarket: Financial Froth Infects Markets http://www.iberkshires.com/blogs/Bill_Schmick?bid=4153 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4153 Fri, 12 Feb 2021 18:24:00 EST One sure sign that stocks are getting overdone, is the actions of overconfident investors that bid up stocks in a euphoric frenzy, only to dump them at the first sign of trouble. These behavior patterns normally usher in a corrective stage in the stock market, but exactly when that will occur is... The Retired Investor: Gambling, the Vice We Love http://www.iberkshires.com/blogs/Bill_Schmick?bid=4152 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4152 Thu, 11 Feb 2021 16:04:00 EST The pandemic has altered the behavior patterns of many Americans. It has also forced states to re-examine their thinking in several areas, especially in taxation and spending. One of the biggest winners in this process appears to be gambling.   Clearly, with most of the nation's... @theMarket: Stocks Regain Momentum http://www.iberkshires.com/blogs/Bill_Schmick?bid=4151 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4151 Fri, 05 Feb 2021 16:16:00 EST What a difference one week makes! Stocks recouped all their losses this week, and then went on to make new highs. The outcome of President Biden's proposed stimulus bill will determine the market's next move.   Let me set the record straight. Last week, I wrote that... The Retired Investor: The Business of Space http://www.iberkshires.com/blogs/Bill_Schmick?bid=4150 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4150 Thu, 04 Feb 2021 18:11:00 EST Space! It holds the promise of riches beyond our wildest dreams -- solar systems bursting with precious resources ripe for the taking. Just the idea of such prizes has set off a frenzied rush by global business entrepreneurs to claim stakes in this new frontier.   The... @theMarket: A Roller Coaster Market http://www.iberkshires.com/blogs/Bill_Schmick?bid=4149 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4149 Fri, 29 Jan 2021 16:59:00 EST Investors learned a number of lessons this week. First among them was that stocks, on occasion, can go down as suddenly as they can go up. They also began to realize that it may take longer than expected before this pandemic is put to rest.   Over the last two weeks, I have been... The Retired Investor: Make Way for the Retail Investor http://www.iberkshires.com/blogs/Bill_Schmick?bid=4148 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4148 Thu, 28 Jan 2021 16:59:00 EST By now, you may have realized that this is not your father's stock market, nor will it ever be again. An entirely new army of investors have arrived on the scene with different attitudes, values, and beliefs. You can either hop on this train or be left behind.   Back in the day,...