Viewpoints: May 2021 Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits Huge Sell-Off: The Crypto market and bitcoin…
Beyond Your Finances, Investment Planning, Market Commentary
Bitcoin: Blockchain, Mining, Energy It’s no secret that Bitcoin and cryptocurrencies in general have gained significant popularity and notoriety over the last 12 months. Most notably because the return has been an astronomical 430% over the time period, but also due to companies such as Tesla, MicroStrategy, and Square investing a collective $3.9 billion earlier…
May 2021 Financial Markets Summary Have you noticed paying a little more at the grocery, your favorite restaurant, home improvement store or at the pump lately? Many companies chose not to pass along price increases last year due to COVID-19. However, consumers are now experiencing inflation throughout many parts of the economy. At Berkshire Hathaway’s…
Viewpoints: April 2021 Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits U.S. Housing is a Sellers’ Market: To…
April 2021 Financial Markets Summary March marked the one year anniversary of the COVID-19 driven market bottom. According to the CDC, over 30 million Americans have tested positive and unfortunately, over 500,000 lives have been lost in the United States. The pharmaceutical industry stepped up by rapidly developing several FDA approved vaccines. Approximately 30% of…
Irrational Exuberance There’s no question markets have been volatile this year. If we peel back the top layer, there are many different events we can blame it on: inflation, treasury yields, the Fed and interest rates, Covid vaccines, unemployment, even the colder than normal February. But, what if we didn’t peel back the top layer?…
Viewpoints: March 2021 Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits Climbing Yields: From its all-time closing low…
March 2021 Financial Markets Summary In times like today, the ancient Greek philosopher Heraclitus’s quote, “the only constant in life is change” couldn’t ring more true. We have just gone through a year of incredible change with COVID-19 and the countless things that it impacted. As the temperatures start to warm and the seasons change,…
Viewpoints: February 2021 Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits Winter is Here: Over 2.5 million homes…
Buying on Margin In a recent post explaining what was happening with GameStop, we discussed what short selling is and how a stock can get squeezed higher. Remember, entering into a short position is one of the riskiest investments to make because the losses are infinite (stocks can only go down to $0 while they…
February 2021 Financial Markets Summary The Super Bowl weekend is here! Tom Brady’s Tampa Bay Buccaneers will square off against Patrick Mahomes and the Kansas City Chiefs. The parties may look much different this year as the nation battles COVID-19, but we will continue to see significant spending and speculation just like we have experienced…
Beyond Your Finances, Market Commentary
Power of the Retail Investor In recent weeks, and more notably recent days, shares of GameStop [GME] and AMC Entertainment Holdings [AMC] have been gobbled up hordes of retail investors. So much so that prices have gone up 320%, and 161% just since Monday, respectively. In “GameStop Mania Reveals Power Shift on Wall Street—and the…
Market Predictions “The only function of economic forecasting is to make astrology look respectable.” – John Kenneth Galbraith, Economist The 2021 Market predictions are in, and they’re probably wrong. Every year, the top investment banks, research institutions, and market analysts make their predictions on where the S&P 500 (stock market) will close the…
Viewpoints: December 2020 Welcome to Viewpoints, a monthly bulletin from PDS Planning to our valued clients and friends. Our goal with each issue of Viewpoints is to provide you with a wide variety of perspectives on life and wealth. Feel free to share with others. Economic and Investment News Bits Covid-19 Stimulus Package: After months of gridlock,…
December 2020 Financial Markets Summary November was another strong month for the markets with positive news of vaccine results. Small cap stocks bounced by nearly 20% and energy, which has lagged for most of the year, jumped up 30%. However, recent flare-ups across the country suggest that the virus has yet to be contained and…
