Tag archives: markets

Second Quarter 2022 Bear Market: Worst First Half for Stocks Since 1970
By Brian Schaffield   |   July 19, 2022

High inflation, risk of recession, war in Europe, a crypto meltdown, and interest rate increases pushed stocks into a bear market (down over 20% from peak) in Q2 2022 – Bond markets continued the worst drawdown on record, hammered by inflation and higher rates – Diversified portfolios slammed by simultaneous declines in asset classes Market […]

Homelessness as Market Failure?
By Robert Bernstein   |   December 7, 2021

My last article talked about the climate crisis as an example of market failure. “Free” markets in fact require a vast government infrastructure: Laws, enforcement, courts, established financial systems. And a system to rebalance extreme wealth inequalities. Homelessness results from a lack of the latter mechanism. Wealth begets wealth. This can happen directly as wealth […]

Market Mayhem: ‘Migration Movement’ to Our Paradise Continues
By Mark Ashton Hunt   |   April 29, 2021

At this point I am unsure of whether we will see enough new listings hit the market in Montecito before the last house goes up for sale and is sold. That won’t happen — will it? — but if you follow the numbers, it’s not impossible.  As of right now we only have about 47 […]

Too Late to Buy Gold?
By Rinaldo Brutoco   |   September 17, 2020

In the World business Academy’s New Business Paradigms September 2018 podcast, we told listeners to sell whatever stocks they owned and invest their portfolio in one of two gold Exchange Traded Commodities (ETC) funds. At that time gold was trading at $1,231.91 per ounce. We explained that it was not likely that stocks or bonds […]

Mortgage Happenings
By Jon McCuskey   |   June 25, 2020

We as consumers have plenty to talk about in our current environment. The world overall has shifted into a new existence with many changes affecting our personal, business, and political lives. The mortgage world is no exception. Since March, lenders have seen their pipelines swell with refinance business due to absurdly low interest rates, while […]