by westlakeFi | Jan 3, 2019 | Retirement, Stock Market
As you know, former Fed Chair Alan Greenspan said, ‘Run for cover.’ But, where and how? On Christmas Eve we called clients to say we know you are worried about your money, which is with good reason. From 9/20-12/24 stocks are off 20%, according to Yahoo Finance. Your...
by westlakeFi | Dec 21, 2018 | Stock Market
About four years before the 2000-02 “tech wreck” where the NASDAQ dropped 80%, according to Yahoo Finance, former Federal Reserve chairman Alan Greenspan warned of “irrational exuberance” at a dinner speech. In an interview with CNN on December 17, 20018 Greenspan...
by westlakeFi | Dec 13, 2018 | Financial Management, Stock Market
Opinions are like belly buttons; everybody has one. Only time will who is right, but I offer and look for opinions that are well sourced. When one is prepared for the most unlikely scenario that person is more likely to tell their story no matter what happens. Rather...
by westlakeFi | Nov 20, 2018 | Financial Management, News, Stock Market
It’s the week of Thanksgiving, and the markets can’t seem to find anything for which to give thanks. Typically, this week is marked by low volatility and non-existent volume as anyone on Wall Street worth a darn takes time off. Junior traders are left to manage the...
by westlakeFi | Oct 22, 2018 | Opinion, Retirement, Stock Market
You and I didn’t feel it but there was a 6.4 magnitude earthquake at the IMF annual meetings in Bali, where “global finance chiefs spent the week assessing the tremors now ripping through the world economy,” Bloomberg reported October 15, 2018. PIMCO’s global economic...
by westlakeFi | Oct 11, 2018 | Retirement, Stock Market
As we move to the fall season, until recently the stock market almost daily hits another new record, but some clouds are appearing on the horizon. Only time will tell if the storm clouds blow away or if a hurricane is on the way. “NOAA study finds Houston’s 100-year...
