Published by Richardson Wealth Asset Management on Jul 07, 2015
Global markets are feeling the impact of a No vote in Greece, rejecting further austerity. This morning we are looking at U.S. markets down about 0.8%, much improved from the 1.4% decline last evening but still down. Europe is taking the brunt of the... Read more Published by Richardson Wealth Asset Management on Jun 30, 2015
Surprisingly the loan bright spot on our screens yesterday were coal stocks. The U.S. Supreme Court has stricken down the latest EPA regulation, delivering a victory to coal plants and miners. This good news has coal miners are up 10% on the day. Despite... Read more Published by Richardson Wealth Asset Management on Jun 29, 2015
Brinkmanship is the practice of maneuvering a dangerous situation to the limits of tolerance in order to secure the greatest advantage, especially by creating diplomatic crises (thanks dictionary.com). Ok, so what happens when the limits of tolerance... Read more Published by Richardson Wealth Asset Management on Jun 26, 2015
We continue to believe we are in the early stages of the late bull market this is phase characterized by several features, such as an emergence of market leadership that is reflected in healthcare and consumer discretionary stocks, increased spurts of... Read more Published by Richardson Wealth Asset Management on Jun 22, 2015
Look mom no hands! The roadmap to autonomous driving The debut of autonomous vehicles dates back to before the Great Depression. The trend of self driven cars has been inching closer to reality with innovations such as back-up cameras and cruise control... Read more Published by Richardson Wealth Asset Management on Jun 11, 2015
Bond yields have risen substantially over the past month, reminiscent of the 2013 Taper Tantrum. So far the damage has been contained in the interest rate sensitives. In this report we share our analysis and expectations on bond yields, plus the implications... Read more Published by Richardson Wealth Asset Management on Jun 01, 2015
Longtime internet analyst Mary Meeker from KPCB presented the 20th iteration of her Internet Trends report at the popular Code Conference. It’s a broad ranging report that focuses on big picture issues and trends regarding all things technology. There... Read more Published by Richardson Wealth Asset Management on May 28, 2015
The U.S. housing market is gaining steam and poised to post some of the best numbers since before the Great Recession. Sales for existing homes are up 6.1% year over year, new home sales up 26.1% and housing starts hitting a seven year high last month... Read more Published by Richardson Wealth Asset Management on May 24, 2015
Last week there was some bearish media reports on market valuation based on an old concept called Tobin's Q. The economist James Tobin created this measure a long time ago that essentially measures replacement value. So if you sold every share of every... Read more Published by Richardson Wealth Asset Management on May 21, 2015
Roll back the clocks about six months and there was a very compelling case to believe the US consumer was poised to, well, bring back their free spending ways. The labor market had normalized and there were some early signs for wage growth. Personal debt... Read more