1.

Federal Reserve statements over the last year:
1. Inflation is “transitory”
2. Inflation may not be transitory but is good for you
3. Inflation is not transitory
4. Inflation is a major problem that is out of control
5. We need a recession to tame inflation
So you really believe these people know what they’re doing?

2.

Maybe someday when markets correct and the world wakes up to The Fed’s self-inflicted disasters, we as a nation and/or world can go back to investing based on growth potential and merit combined with reasonable valuations. How is this currently investing when all we are doing is Fed watch. Risk-on/Risk-off investing is not the way Warren Buffet built his empire…

3.

I’m old enough to remember that after a bear market, most retail investors would freely state “I will never go into the stock market again!” So I think we haven’t seen the worst of it yet. Of course, bond yields during those times were yielding over 5% as an alternative…

4.

Buying a fixed annuity in NY has never been fair. New Yorkers receive fewer product and company options while usually earning lower yields. That said, NY might be the best place to own an annuity policy. Insurers are stronger on average and are scrutinized at the highest level. And, current yields in NY are competitive. Contact NestEgg for a 3.3% for 3 years yield today in New York.

5.

My daughter runs at Princeton and she has high hopes on transferring to another university after she graduates. She will have one year of eligibility left since she lost a year during covid. Her ideal college, like every other teen, would be Stanford. My argument against Stanford is that it’s too Silicon Valley founded. Silicon Valley is starting to crack and I think the next crisis will bring it to its knees. There are about 90% of tech companies that aren’t profitable and never will. There will be blood in the streets, and Stanford will lose a great deal as a result of this tech affiliation.

6.

Volatility spikes in previous market crashes:
1. 2020: 670%
2. 2018: 450%
3. 2015: 380%
4. 2010: 240%
5. 2008: 860%
6. 2001: 220%
7. CURRENTLY: 130%
No bear market since 1929 has bottomed without at least a 200%+ spike in volatility. We need to see a lot more fear before we can call this a bottom…