by Ethan Karmolinski | Jul 13, 2022 | The Market, The Weekly Brief, Up Capital Management
Today the Bureau of Labor Statistics (BLS) released June’s Consumer Price index (CPI), a measure of the change in the average price level of a fixed basket of goods and services purchased by consumers. The CPI increased another 1.3% in June, following May’s increase...
by Ethan Karmolinski | Jun 22, 2022 | The Market, The Weekly Brief, Up Capital Management
Since late last year, Jerome Powell, Chairman of the Federal Reserve, has become the giant slayer attacking the formidable giant of hyper-inflation. His one goal is to bring this giant to his knees and slow its impact on society. His primary strategy is suffocating...
by Ethan Karmolinski | Jun 15, 2022 | The Market, The Weekly Brief, Up Capital Management
Consumer perspectives of the economy are very dire. In fact, last week, consumer sentiment on their near-term view of their financial conditions dropped to the lowest level since the 1940s when the University of Michigan began taking this survey. The University of...
by Ethan Karmolinski | Jun 1, 2022 | The Market, The Weekly Brief, Up Capital Management
Worknik has a good description of a contrarian. They define a contrarian as: 1. Noun: One who takes a contrary view or action, especially an investor who makes decisions that contradict prevailing wisdom, as in buying securities that are unpopular at the time. 2....
by Ethan Karmolinski | May 4, 2022 | The Market, The Weekly Brief, Up Capital Management
When searching “Recession Worries for 2022” Google responded with 128,000,000 articles I could read. Evidently, there are a lot of people writing about the new risks of a recession after 2020’s three-month technical recession. One favorite is CNN’s April 26 article on...
by Ethan Karmolinski | Apr 6, 2022 | The Market, The Weekly Brief, Up Capital Management
The modern car is so complex that the former process of opening the hood to figure out what is wrong is a complete exercise in futility. This, of course, does not stop the modern male who will still pull over and open the hood, apparently believing he can spot and...