by peter.losh | Oct 19, 2023 | Uncategorized
by The Gould Asset Management Team Note: This post is an excerpt from Gould Asset Management’s Economic and Market Review for the Third Quarter of 2023. The excerpt is posted here for the benefit of our blog subscribers. US Economy Steady Amidst Headwinds The US...
by peter.losh | Sep 1, 2023 | Uncategorized, Claremont Courier
by Don Gould Savers rejoice! Short-term interest rates, such as those on U.S. Treasury bills, recently breached the 5% level after sitting near zero for nine of the past 14 years. Cash is no longer trash; “financial repression” — that is, central banks keeping rates...
by peter.losh | Jul 18, 2023 | Uncategorized
We hope your summer is off to a good start. US Stocks Bounce Back US stock indexes zoomed in the second quarter, with the S&P 500 large cap price index up 8.3%. By early June, the index entered bull market territory, having climbed 20% from its October 2022...
by peter.losh | Jul 18, 2023 | Uncategorized
by The Gould Asset Management Team Note: This post is an excerpt from Gould Asset Management’s Economic and Market Review for the Second Quarter of 2023. The excerpt is posted here for the benefit of our blog subscribers. Stocks Move Higher in Q2 Amid a Resilient...
by peter.losh | May 8, 2023 | Uncategorized, Claremont Courier
by Don GouldIn the 1946 film classic, “It’s a Wonderful Life,” community banker George Bailey (played by Jimmy Stewart) is besieged by depositors demanding their money after the despised Mr. Potter spurs a run on the bank for his own gain. George says to the anxious...
by peter.losh | Apr 19, 2023 | Uncategorized
There was never a dull moment for financial markets in the first quarter of 2023. Markets seesawed monthly between optimism and pessimism. The Fed hiked interest rates twice, with another expected. Two banks collapsed amid old fashioned bank runs. The US debt ceiling...
