The last several days have been consumed by the GameStop battle between a Reddit message board called WallStreetBets and hedge funds, which has been fascinating to watch. The back story is that GameStop has been struggling, as more games are streamed online vs bought (or traded in) at brick-an...
LWM Blog
End of the Tunnel or Oncoming Train?
August 17, 2020 06:56 PM - Comment(s)
In 2020, the economy has vacillated between having one of the worst bear markets in history to an unprecedented market recovery. Now, it seems that investors, analysts, and pundits alike are trying to determine if the economy will catch up to the market and reach new highs or if the market will pull...
Cutting Through the Noise
July 22, 2020 02:06 PM - Comment(s)
I originally wrote this in 2013, but came across it recently and realized how true it is, especially now. Enjoy.
Chicago is a great city, especially during the summer. It has a certain pace, a certain irresistible energy & charm. After moving to a high-rise building downtown man...
The Godfather Market
May 11, 2020 04:29 PM - Comment(s)
In my last post, the market had just pulled back about 10% within a few days. Since then, the market not only declined about 34% from its late February peak, it also recovered just over 30% from the bottom. This market reminds me of two very famous lines from "The Godfa...
Coronavirus and Market Thoughts
February 27, 2020 05:12 PM - Comment(s)
A few thoughts on the market volatility the last few days...
The coronavirus will have an impact for an undetermined amount of time, especially until the source is found and largely due to the lack of a defined treatment/vaccine. That uncertainty and amplification from the news cycle make this curren...
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