Although recessions have an official definition set by the National Bureau of Economic Research, depressions do not. That means it is open for discussion whether the US is in one or not. Nevertheless, falling asset and home values, and rapidly declining employment numbers suggest it’s still far from getting better.
It’s weird. Today was my “lowest” positive day. A gain of $66 and I was disappointed.
It’s weird how stock investing twists your thinking around. First off, when I have a down day, I can’t help but stress over it. I read articles, postmortems, commentaries, and I do so over and over and over. I hate [...]
It’s a holiday, so the market is closed. Not here in Canada, but rather, it’s a holiday in the US.
Unfortunately, as a US equity investor (I know, I know, I’m missing out on opportunities locally and around the world. More on the later…), I am subject to the vagaries of the US holiday calendar. Somethings [...]
I’ll admit it: this has been a stressful week as a stock investor. Especially a relatively inexperienced stock investor trying to make my way to eventual (fill-in-the-blank financial outcome: retirement, supplemented income, etc etc).
Who wouldn’t be stressed? The Dow dropped 4% this week, oil is at staggering numbers, steel and gold are racing to new [...]