News Super Tuesday and Re-Branding the Coronavirus Posted on March 4, 2020 By Matt Super Tuesday Joe Biden took control of the Democratic Primaries last night on Super Tuesday. Bernie Sanders was expected to win California which was supposed to maintain his lead even if Biden managed to close the gap somehow. It looks like Bernie’s momentum ran out instead. Joe Biden has taken… Read more
Investing Coronavirus Update Posted on February 28, 2020February 28, 2020 By Matt Here’s how I see it. The recovery since 4Q2018 was so smooth that the markets have been looking for a reason to sell off for a while. Acceleration dropped after 4Q2018 fell off of the 1 year numbers. The markets hiccuped after news of the coronavirus got really serious at… Read more
Investing Coronavirus Fears Posted on February 24, 2020 By Matt Stocks are off by about 3% this morning (as of noon on 2/24/2020) on fears that cases of coronavirus are accelerating outside of China. Should you worry? For the “general American public“, the answer is no. Does that mean that only an idiot would be concerned by this? No. Identifying… Read more
The Blog is Back! Posted on February 21, 2020 By Matt MatthewGarrott.com started as an experiment. I really just wanted to know how a person went about setting up a website. Turns out, buying a domain is pretty cheap, so why not buy my own name? From there, I figured I’d at least put up some text or something to figure… Read more
Opinion Goldilocks and the Three Bulls Posted on November 15, 2019 By Matt My monthly commentary for Fairway mentions three uncertainties: the trade conflict with China, Brexit, and the Fed. One way to look at it is through the lens of the beloved children’s tale of Goldilocks. I am breaking one of my rules by assigning human personality to the market, but if… Read more
Investing Putting a Name to the Fear Posted on September 25, 2019 By Matt Putting a Name to the Fear “I’m afraid there will be a recession soon.” No, you’re not. “I’m afraid the stock market will go down.” No, you’re not. “I’m afraid I will lose my money.” Close, but no. What does losing money mean? Money is not the thing we want… Read more
Investing iPhones, IPOs, and Interest Rates – The I’s Have It Posted on September 12, 2019 By Matt iPhones, IPOs, Interest Rates Lots of random news today, none of which warrants a full post from me due to either lack of opinion or lack of expertise. However, here are some places that have worthwhile views on each of these subjects. Also, don’t forget about the Northeast Ohio PKD… Read more
News A Gift That Makes a Difference Posted on September 11, 2019 By Matt 2019 Northeast Ohio PKD Walk It’s that time of year again! The 2019 Northeast Ohio PKD Walk is on September 21st. As usual, Team William will have its walking shoes on. We’ll trek through the Bedford Reservation and then head back to the Garrott house for hotdogs, burgers, and maybe… Read more
Investing Why Don’t More People Smoke? Posted on August 30, 2019 By Matt Another prominent figure in the world of finance has declared passive investing a bubble. Josh Brown has a good take on this here, saying that active investing is the true bubble. I don’t think you can declare a decades-long phenomenon (as both active and passive investing have achieved) a bubble, but we… Read more
Fun with TINA Posted on August 28, 2019 By Matt I’ve heard today’s investing environment described as TINA. There Is No Alternative. I don’t necessarily agree that this is the case, but the argument goes something like this: US Treasurys yield around 1.50% The rest of the world is yielding zero (or less!) US stocks yield 2% and the US… Read more