Posts by Clint Gharib

If you’ve seen the movie ‘Braveheart’ you know one of the famous and impactful scenes of the movie is when the English calvary, undefeated by ground troops thus far, are charging at the Scottish forces led by William Wallace, played by Mel Gibson, who four times commandingly tells his troops to Hold (scene linked to…

The past two earnings seasons we’ve seen many companies decline even after reporting good earnings and raising forecasts.  During my 33 years managing money, this often occurs during bouts of fear.  Fear is an emotion and I’ve not found any way to predict when people’s emotions will change.  It usually takes something to shake people…

Recent market panic again in April was ignited by fears of rising rates, future recession and China similarly to the prior two bear corrections (2018 q4 and 2020 q1).  We are still at the crossroads that I wrote about over the past two Market Updates and thus the stock markets are battling back and forth…

It’s 1am CST on Feb 23rd as I write this update.  Due to the heightened anxiety over the invasion of Ukraine I felt compelled to provide this update.   I am truly saddened by the actions of Russia and the horrors for many in Ukraine due to the current situation.  As your advisor, it is my…

Market Update – Perspectiveby Clint Gharib January 25, 2022 There is no shortage of worries on the minds of investors and traders currently.  In my November 2021 Update ‘Turn Ahead’ I wrote “I’m expecting the markets to sell off in the very short term as earnings season ends this week.  I still see the same…

I’m expecting the markets to sell off in the very short term as earnings season ends this week.  I still see the same 3 main forces driving asset prices though:  huge amount of government stimulus (approx. $3trillion) still not in the system yet) and continued low interest rates along with solid corporate earnings reported.  Because…

May 12th saw heavy selling in the markets.  While many media pundits piled on during the decline, some perspective is needed.  Currently the markets are down roughly 5% from the highs of the S&P 500 and less than 8% from the Nasdaq’s highs, not even a correction (10%) so far.  Additionally, we had worse declines…