Category: ERPE Excerpts and Economic Updates

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES May 18, 2023 Debt Default Debate Partisan Talks to Get a Debt Deal Done Yogi Berra said, “It’s like déjà vu all over again.” Today’s temperature-rising debates over our country’s debt ceiling would likely spur Yogi to repeat that quote. “Here we go again” is the first … Continue reading “Bi-Monthly ERPE Excerpts for May 18, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES May 4, 2023 No Cause for Pause… 10th Fed Rate Hike No pause, at least not yet. The FOMC, the Federal Reserve’s interest rate hike machine, raised rates again yesterday by another quarter point. This was the 10th consecutive interest rate hike since March of last year (including … Continue reading “Bi-Monthly ERPE Excerpts for May 4, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES April 20, 2023 Warren’s Wisdom… “A peek behind the curtain.”   In the Chairman’s Letter to the Shareholders from Mr. Warren Buffett, dated February 25, 2023, Mr. Buffett offered “a peek behind the curtain.” While reading the letter to shareholders in the recently issued Berkshire Hathaway, Inc. 2022 … Continue reading “Bi-Monthly ERPE Excerpts for April 20, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES April 6, 2023 Don’t Realize the Unrealized A look back at the Covid Crash A loss in an investment is not a real loss until you make it real by “realizing” it by selling. Until then it is “unrealized”, or only a loss on paper; you see … Continue reading “Bi-Monthly ERPE Excerpts for April 6, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES March 23, 2023 Containment or Contagion? Bank Crisis 2023   Within 48 hours, Silicon Valley Bank, a nearly 40 year old bank with over $212 billion in total assets, failed. The rapid collapse was sparked by a panic induced run on the bank by large depositors Wednesday, March … Continue reading “Bi-Monthly ERPE Excerpts for March 23, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES March 9, 2023 2023, The Year of AI Within the endless pages of research I read, I have recently read that 2023 has already been summed up as “The Year of AI”. If that’s the case, it is about time AI got it’s due. Artificial intelligence has … Continue reading “Bi-Monthly ERPE Excerpts for March 9, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES February 9, 2023 2023 Best Online Brokers IBD’s 11th Annual Best Custodian Report   As an independent Registered Investment Advisor (RIA), I am required to have an investment account custodian (aka brokerage firm). Further, RIA’s are responsible for applying a diligent selection process that demonstrates a “best efforts” … Continue reading “Bi-Monthly ERPE Excerpts for February 9, 2023”

Bi-Monthly ERPE Excerpts January 26, 2023 ERPE Excerpts Top 20 over 20 OF ERPE EXCERPTS After 20 years of writing my ERPE Excerpts, I thought it might be time to look back at the archives of past notes. For nearly 17 years I wrote the Excerpts weekly, so there were a lot see in the ERPE … Continue reading “Bi-Monthly ERPE Excerpts for January 26, 2023”

Bi-Monthly ERPE Excerpts January 12, 2023 A Good News is Bad News Market… Last year’s counterintuitive stock market As I mentioned in my December Market Monthly podcast, the stock market in 2022 could be summed up as a “good news is bad news market”. In 1984 my first mentor in business told me, “Logical people are … Continue reading “Bi-Monthly ERPE Excerpts for January 12, 2023”

Bi-Monthly ERPE Excerpts Dec 15, 2022 2022: The Year of Rising Rates 7 Raises & a 15 Year High As we have become too accustomed to this year, yesterday the Federal Reserve raised interest rates again. The pace of US interest rate hikes this year is the fastest of any time in recent history; nearly twice … Continue reading “Bi-Monthly ERPE Excerpts for Dec 15, 2022”