Dylan’s Market Commentaries

Dylan’s Market Commentaries

Dylan’s Market Commentaries

Commentary Archives

Artificial Intelligence (AI): what it is, where it is, and what we’re doing about it

“The 9000 series is the most reliable computer ever made. No 9000 computer has ever made a mistake or distorted information. We are all, by any practical definition of the words, foolproof and incapable of error.” Hal, the supercomputer, in the movie 2001: A Space Odyssey It seems it is difficult to make it through the

The Good, the Bad, and the Confusing

“If you’re not confused, you’re not paying attention.” Tom Peters (author of In Search of Excellence) The Good Have you heard about the recent “terrible” economic news?Unemployment is at its lowest level in over 50 years, as shown by the below graph: Meanwhile, there is still a 2% larger gap between jobs and workers than there was in

The “Old Normal” and What We are Doing About It

Over these past two decades there has been much discussion about how we are continually entering into a new normal. This year, however, we are back to the “old normal”, at least as far as financial markets are concerned. We are back to a place where one can earn money on their savings accounts. The below

What’s Going On and What Are We Doing?

As of Monday (6/13), the US stock market has officially hit Bear Market territory (i.e., a fall of at least 20%). The S&P 500 closed down some 21% year-to-date. The tech-heavy NASDAQ 100 closed down almost 31% year-to-date. This is considered normal, as so-called bear markets tend to occur every several years. The last one

The Russian-Ukraine Conflict: What it Means Economically and What to Do 

 “[We] can calculate the motions of the heavenly bodies, but not the madness of people.”   Sir Isaac Newton after losing a fortune from investing in a hot stock c. 1720  Since Putin has chosen to invade Ukraine, 44 million Ukrainians wonder what it means, and so does the rest of the world. Are we returning

Supply Chains and Inflation: A Story of Thanksgiving

A nickel ain’t worth a dime anymore. Yogi Berra I’ve had a lot of worries in life, most of which never happened. Mark Twain Many clients have been asking about the problem of supply chains. Many other clients have been asking about the current high levels of inflation. It turns out, the two issues are

Inflation: What is it, Why is it, and What to do about it?

 “Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hitman.” Ronald Reagan  “A nickel ain’t worth a dime anymore.” Yogi Berra  We have had many clients ask about inflation recently, so this is a good time for a primer! We will discuss some of the basics

Five Things that Seem to Be Going Up

Since the deepest valley of the pandemic, it seems like most everything is going up: some great things and some not so great things. In this article, I highlight five of the most important rising tides, in my view. Fraud One of the disadvantages of living a largely virtual life is it has become easier

Short Squeezes and Syringes: A Market Update

“I didn’t expect this.” Keith Gill, the day-trader credited with starting the GameStop stock mania “This is actually good news.” Dr. Anthony Fauci on the Johnson & Johnson preliminary vaccine results When the year 2020 closed out, I heard many comment on their excitement for a New Year. And rightly so; 2020 was a strange, confusing,

Blue Wave, Blue Tide, and a Thin Red Line: Politics, COVID, and the Future

Equity market returns are tightly tied to the economy. After all, companies largely represent the economy by means of providing jobs, producing goods for consumers and government, and buying the goods of other companies.  If one has a good sense of how the economy will do, she can often accurately forecast the future returns of