Category: ERPE Excerpts and Economic Updates

Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES August 17, 2023 Peak 65 12,000 a day Turning 65 in ’24 Next year more Americans will reach the traditional retirement age of 65 in the same year than at any time in history. That’s “Peak 65”. According to the U.S. Census Bureau’s population projections, about 12,000 people will turn 65 … Continue reading “Bi-Monthly ERPE Excerpts for August 17, 2023”

Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES July 20, 2023 Promises and Perils of AI At least for now, the most widely used AI (artificial intelligence) tool is ChatGPT. Soon after its release last November by San Francisco-based Open AI, it became the fastest-growing app ever, taking only two months to reach 100 million users. For … Continue reading “Bi-Monthly ERPE Excerpts for July 20, 2023”

ERPE EXCERPTS Bi-MONTHLY MARKET ANALYSIS & ECONOMIC UPDATES June 8, 2023 The Passing of a Legend March 25, 1933 – May 28, 2023 I am lucky to have started my professional career when I did nearly 40 years ago, in 1984. Perhaps the greatest investors of all time were doing their best work, leading by example, … Continue reading “Bi-Monthly ERPE Excerpts for June 8, 2023”

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”