HBTM: 12-27-2016 Dow 20,000 Edition Posted on December 27, 2016 By Matthew Garrott How ‘Bout That Market? This is a question I hear at social gatherings often enough that it makes sense to make it a regular entry on this website. The Market The last week of the year is usually pretty sleepy. This year’s final week is book-ended by holidays which means… Read more
HBTM: 12-19-2016 Posted on December 19, 2016 By Matthew Garrott How ‘Bout That Market? This is a question I hear at social gatherings often enough that it makes sense to make it a regular entry on this website. The Market The Federal Reserve raised rates last week, but everyone expected that so the announcement was received with an initial shrug… Read more
HBTM: 12/12/2016 Posted on December 12, 2016 By Matthew Garrott How ‘Bout That Market? This is a question I hear at social gatherings often enough that it makes sense to make it a regular entry on this website. The Market The stock markets have been going up since the election. Is this a Trump rally? I hesitate to say so… Read more
Castro Posted on November 28, 2016 By Matthew Garrott This post is not about investing. It will not have witty anecdotes. Feel free to skip this one if you’re looking for that stuff today. Fidel Castro is dead. It can feel like this is a news blurb about a place so far away about a people who are not like… Read more
When to Change Plans Posted on November 22, 2016 By Matthew Garrott One of my favorite bits of wisdom comes from a Fairway client, “Change your plans because of the weather, not because of the forecast.” He was referring to boating, but it applies to investing as well. The political winds have shifted, potentially changing the economic and investing climate. Don’t get… Read more
Certain Predictions Posted on November 18, 2016 By Matthew Garrott I’m tired of hearing the predictions. The people who were certain Brexit would fail were certain Trump couldn’t get elected President. These same people are certain of how the market will move going forward. Paul Krugman pulled the fire alarm the night of the election when market futures were down… Read more
Uncategorized Donald Trump Posted on November 14, 2016 By Matthew Garrott Donald Trump is President-elect of the United States of America. This election reminded me of the Brexit vote across the pond earlier this year. An entrenched power bloc assumed it had already won, but woke up the day after the election to a powerful reminder of the world outside of their… Read more
Uncategorized Right Said Fred Forecasting Posted on November 3, 2016 By Matthew Garrott You couldn’t do a little turn on the catwalk in the 1990s without hearing Right Said Fred’s song about the tail wagging the dog. “I’m Too Sexy” lampooned fashion’s focus on the model rather than the clothes. More and more it seems that financial pundits are performing Right Said Fred… Read more
Uncategorized Eight Years Ago Posted on October 14, 2016 By Matthew Garrott Eight years ago, we were in the midst of financial crisis. Warren Buffett penned an op-ed in the New York Times encouraging investors to “Buy American, I Am”. So did you buy American? Too many investors were scrambling to do the opposite. On the front page of the New York… Read more
Uncategorized Weekend Reading Posted on September 15, 2016September 15, 2016 By Matthew Garrott Some articles for your down time this weekend. Don’t forget the Northeast Ohio PKD walk is this weekend! Man clocked doing 88mph in DeLorean Liz Ann Sonders – “The media, more than most, persistently look for a narrative to explain every daily move in the market. It’s rarely that simple.” Why… Read more