March 25, 2020
March 25 Special Update
History 101:
Many times we look at situations in the stock market and believe they are unprecedented because we have not seen anything like it in our own lifetime. In 2008-2009 nearly 22 million workers lost their jobs. It is possible we will see 6 million job losses due to the coronavirus or as high as...
March 13, 2020
March 13 Special Update
We would like all our clients to know we are diligently paying attention to the market and potential outcomes.
We really do not know if the next 2-6 months will be good or bad for the market. However, we do know history tells us the market will likely be higher in 3-5 years.
We are looking for an optimum point to rebalance our positions...
March 09, 2020
March 9 Special Update
If it is not a problem in five years, then it is not a problem today. (We said this last time)
If the coronavirus wasn’t enough, Saudi Arabia/OPEC has decided to pile on here and cut the price of oil nearly 30% in the open market. This is an attempt to drive some of the competition out of business so that higher prices in the future will create more profit for the OPEC countries...
February 26, 2020
Archer February 26 Special Update
If it is not a problem in five years, then it is not a problem today.
The coronavirus is shocking the markets going back to last Friday. This has caused some panic in the markets and created more sellers. It is likely, earnings will drop by 10-15% for the first quarter and by 5-10% by the second quarter before rebounding to the norm in the third quarter. Obviously much of this is dependent upon the coronavirus...