– By Fred Dunlap – Today Walmart announced that its growth forecasts were being reduced. Growth estimates for 2016 are expected to be in the 3-4% range. The CEO projected flattish growth for the next three years, followed by a return to 5-10% annual growth by 2019. As Dr. Evil would say: “RRrriiigggghhhhttttt…” Only three months […]
Maybe…just Maybe…?
– By Fred Dunlap – Greetings! The markets look good, don’t you think? Certainly since our last discussion, only nine days ago. Losses in Q3 have already been cut in half. And the only question is whether they will come all the way back to the all-time highs recorded earlier this year. So what do we […]
Between a Rock and a Hard Place
– By Fred Dunlap – Today’s trading day marks the end of another quarter, and what a quarter it was. Unless you have been out of equities and bonds, and sitting in cash since July 1st, your portfolio is worth a lot less on this day than three months ago. The market has had a strong […]
When Does “Obvious” become OBVIOUS?
– By Fred Dunlap – Welcome to August! The month when the bankers go to the Hamptons. The month when the Europeans hang at the beach and dread the next 11 months when they actually have to work. Ah, yes, August… The quiet month. Nothing going on in the investment world. After all, nobody is in […]
Extend and Pretend – Politics in the 21st Century
– By Fred Dunlap – Hello Everyone. We are back from our trip to England and Scotland. For Andrea, it was a repeat. For me, it was the first time I had seen military personnel in fuzzy bear hats—not exactly an intimidating sight… And the first time I had experienced the PURE freedom of the fresh […]
When Debt Can KILL…
– By Fred Dunlap – Good morning. We have discussed for nearly two years the concerns about bloated debt levels and our country’s inability to operate within its means. We have further discussed that such negligence by our political leaders will place our children and grandchildren in a compromised environment when they reach our ages. Most […]
Worried? Who’s Worried??
– By Fred Dunlap – Welcome to the Weekend! As we approach the closing bell today, the S&P and the Nasdaq are hovering at new all-time highs. Times are good, right? Yes, they are! The Warriors are kicking butt in the NBA Playoffs. The Mets are in first place. Wait a minute??! The Mets? First place?? […]