Thoughts from Friday, July 3

It’s been another long week full of good information on the stock market and economy, so I want to take a quick look at some of the developments. Jobs Report – 4.8m new jobs, falling unemployment rate, record continuing unemployment claims. You read that right.  It seems contradictory.  The Bureau of Labor and Statistics reported…

Thoughts from June 15, 2020

CalPERS borrowing $BILLIONS In a short few weeks, it will mark the 7th anniversary of moving my family from Los Angeles to Raleigh, NC.  The list of reasons why is long.  CalPERS is just another ridiculous organization that I am glad to be away from, but sadly, the stable retirement of many friends and family…