EIDL, PPP, & What does it mean to me?

A lot has changed in the last couple of days, as the government has rolled out their initiative (PPP) to keep small businesses open and employees on the rolls.  To say it has been a cluster would be an understatement. However, Senator Marco Rubio seemed on top of things as Saturday morning he launched oneContinue reading “EIDL, PPP, & What does it mean to me?”

The Clampdown

Happy Monday! So, as I write this, the markets are in the green.  Why is that? Considering things are on hold till at least April 30… Green Shoots! First on Friday evening, Abbott Laboratories announced emergency FDA approval of their COVID19 test, that can provide a positive result in 5 minutes!  Abbott is able toContinue reading “The Clampdown”

You Can’t Start a Fire Without a Spark…

Well the destruction continued this week on Wall St., and simply put, what started out as a health crisis has turned and caused a financial one.  Why have the markets been going crazy despite some movement in legislation? Well, it’s the internals of the markets – things like commercial paper, overnight window use, etc.; theContinue reading “You Can’t Start a Fire Without a Spark…”

What the Fed Just Happened?

Sunday the Federal Reserve took the extraordinary measure of cutting the federal funds rate to 0 – .25%.   Along with other steps. The markets subsequently sold off as soon as the futures markets opened at 6PM E.S.T. Sunday, as they interpreted the move as a move indicative that things were worse than they were. Normally,Continue reading “What the Fed Just Happened?”

What Rubber Ducks Can Teach us about Investing through Market Volatility

There are no two ways around it, last week was just flat awful in the markets. However, when I walked into my office the other morning, I found comfort in the most unlikely of things….a set of rubber ducks. As some of you may have seen, I picked up some rubber ducks from the BerkshireContinue reading “What Rubber Ducks Can Teach us about Investing through Market Volatility”