Double Speak Yellen?
Inflation is an issue. The reasons for it are complex and unfortunately not going away anytime soon. Oil jumped over $90 a barrel today and although the unemployment number (headline) was good, the fact is there are fewer people seeking work. Fewer workers, higher energy prices and a flood of cash injected into the system by policy makers all have a complex relationship and have led to inflation. Comments from our current Treasury Secretary are equally complex. And perhaps confusing as she buc
Green is Good. But ESG isn’t what it seems.
To start with I want to assure everyone that I believe we all should do what we can to make the planet a place that our grandchildren and future generations can comfortably live. In order to do this we should not waste precious resources, should do what we can to recycle and make sure that we leave the planet better when we leave than when we arrived. I also believe that all people are created equal. We are not all the same, but we are all equal. And I also believe in treating people the way th
Weekly recap of the market…from MT Newswires
Market RecapWeek of Jan. 24 through Jan. 28, 2022 The S&P 500 index rose 0.8% last week, its first week of the year in the black, as better-than-expected Q1 results from Apple (AAPL) gave the market a boost at a time when worries have been high over the ongoing pandemic, inflationary pressures and potential monetary policy changes.
The market benchmark ended the week at 4,431.85, up from last Friday’s closing level of 4,397.94.
At Thursday’s market close, the index was on track for i
There will be no Growth…growth is DEAD.
I have to apologize for the headline. I decided to write something that was New York Times catchy…you know, a headline that really wasn’t the real idea behind the article but was designed to make you look. Doesn’t have to be true, just draw you in.The real purpose of this article is to point out the insanity of what the pundits are talking about regarding the stock market…and to put reality in perspective.The headline should have been “Rising Interest Rates and Sector Returns”. Now don’t go
Today’s Consignment Stores are not your mother’s hospital resale shops.
When I was growing up resale stores were where the less fortunate shopped. Often staffed by hospital board ladies, these stores were mostly dark and tired…laden with clothes and items that people didn’t want any longer but still had some usable life left. Today resale is different. Resale, or the proper 2022 name, consignment, has changed significantly and has, according to Rati Sahi Levesque, the President of The Real Real, ” gone mainstream”. Consignment is no longer the ‘White Elephant Re
Not all things are what they seem. But are NFTs Really Art?
WEALTH PLANNING-HIGH NET WORTH
Are NFTs Really Art?
David H. Lenok | Jan 07, 2022Any discussion of nonfungible tokens spawns one question from most advisors: What the heck is an NFT?The response is inevitably disappointing because what the asker really wants to know is “why are NFTs worth money?”The snarky, but true, answer is that some NFTs are worth money because people are willing to pay money to own them—think of the images of Bored Apes or pixel-art Punks, iterations of which have touched
4th Quarter 2021 Market Review
The last week of the year was a quiet trading week, yet S&P 500 index returned 0.87% and closed near all-time highs. In total the S&P 500 index returned 28.68% in 2021. Cyclical sectors like Energy (+54%) , Real Estate (+56) and Financials (+34%) outpaced the broad market in 2021. While Utilities, Consumer Staples and Industrials were the laggards, Biotech (State Street Index -22%), the FANG stock basket ( Amazon effectively flat for the year while Netflix was up 11% and Apple up 33%) and most
4th Quarter 2021 Review
Quantum InsightsAs I sit here writing this one of the strangest years of my life is coming to a close. I could be boring and focus on each of the odd things…we all know them (I’m still surprised I get walk into a bank with a mask on…) but frankly I have had enough.I may comment on these in our Quantum Private Wealth blog, the Insight portion of the QPW website, but in this short valuable space I’m going to focus and pay attention to what matters versus the garbage we are fed in our daily diet of
Financing For The Future
Are you trying to budget for the future but are struggling to keep track of income streams and average annual expenses? Using our easy budget templates, you can check your approximate annual cash flow. Whether your situation finds you working hard and supporting your family or enjoying the benefits of retirement, our team at Quantum Private Wealth has a plan for you. Simply download the template that fits your current life stage, fill out any of the green boxes that seem relevant to your income
Is Gold the way to protect your portfolio from the ravages of inflation?
An Alliance Berstein piece from 2010 may give you some insight!