Skip to main content
No. of Recommendations: 0
INTRO Here's my semi-annual exercise to see if I remember why I own the stocks I own, and so I can check back and see if their stories have changed. I include the economy and markets to check my perception of the bigger picture. I post in case it helps others too.


Economy & Markets
I watch the economy and the markets daily and have been amazed at the last year. Stolid governments are undergoing upsets. Oil price wars were bad enough on economies and countries, and now it looks like renewable energy may undermine any significant oil recovery, further crippling and destabilizing some countries. Meanwhile, the trend towards negative interest rates has expanded, but may be moderating while debt crises continue. In the US, however, unemployment is down, wages are up, the dollar is strong, interest rates are moving up, not down, and the housing market is recovering (erratically) - oh yes, and the stock market is hitting new highs thanks to large caps (while my small cap portfolio languishes - temporarily.)

Sometimes when the confusion level gets high enough and conventional institutions are acting unconventionally, it is prudent to pause and watch for patterns in the chaos. An extrapolation from 2016 would be hard to imagine, yet I don't imagine a return to any recent era. I suspect we are experiencing a political and economic singularity that will only seem abrupt to historians when we are history. Maybe it's time to follow advice from Uncle Duke in the early days of Doonesbury, "Be firm. Fly low. Stay cool."



(I've also collected links to the other discussion boards and my other stocks over on my blog http://trimbathcreative.wordpress.com/2016/12/31/semi-annual...)
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.