After rallying through January and the first half of February, stocks stumbled, with the S&P 500 dropping 10% from its bull market peak, entering its first official “correction” since October 2023. The big-cap “Magnificent 7” stocks (Apple, Microsoft, NVIDIA, Alphabet, Amazon, Meta, and Tesla) led markets lower with all but Meta posting double-digit losses from January
Market Commentary: Stocks Chop With Trump 2.0 at the Helm Read More »
The National Association of Realtors (NAR) settled class action lawsuits totaling $418 million in 2024 and promised to change some of its business practices. One of the new practices will be for buyers to sign a “sales agreement” with their agent. These agreements clearly spell out the fees a buyer agent charges. They also stipulate
Turo is, in my words, the “AirBnB of cars.” They allow individuals to rent out their unused vehicles to other travelers, and provide a viable alternative to traditional car rentals though companies such as Avis, Alamo, Enterprise, and Sixt. See below for my video commentary and analysis. If you’d like to dig into the data,
Buying a Car to Rent on Turo – Models/Years With Best ROIs (Video) Read More »
2024 wrapped up another green year for markets, with the S&P 500 price index returning 23.3% (yCharts). Strength was broader versus 2023, with the consumer discretionary, financial, technology, communications, and utilities sectors all posting +20% returns for the year as well. Conversely, cooling pricing pressures weighed on energy and materials stocks with both sectors returning
Market Commentary: A Green 2024 & What’s Next in 2025 Read More »
Stocks, bonds, and precious metals rallied during the third quarter with the S&P 500 up 5.25% and the Bloomberg US Barclay’s Aggregate Bond Index up 5.81% (YCharts). Stock market gains were broadly based across sectors and industries, in contrast to the first half of the year, when profits were narrowly concentrated among AI stocks and
Q4 Market Commentary – A Strong Summer Pointing to a Strong Fall Read More »