The Daily Mission

Earnings are continuing into further decline. 86 of 100 companies in the NASDAQ 100 are calling for in aggregate earnings decline. Mortgage originations (purchase applications) are down 41% YoY. That’s the worst in 28 years. The yield curve continues to signal trouble ahead. Rates are continuing to go up. Corporate bankruptcies are rising. Credit is continuing to contract. The bad news on employme...

Why The US Consumer Thinks The Way They Do: The Psychology Of Money Series (Postscript)

Our intro to a series inspired by The Psychology Of Money by Morgan Housel. We share insights from his book as a read-along. Outside of direct quotes and paraphrasing, the additional views and comments contained are our own. We are not involved with Morgan Housel, his firm, or his publisher. We have no conflicts of interest regarding his book. We receive no compensation of any kind for recommendin...

Your start to 2023: The madness of crowds, market makers, greed, short-squeezes, Fedfakes, & 0DTE options (those b*strds! they killed the market!)

We heard you speak via Spotify Wrapped and found out that we were in the top 15% most shared. Whoa! In the words of Ron Burgundy, "I don't believe you". Alas, here we are. Tripling down for 2023. Or tripping down. IDK. More content. More unique series. More somewhat possibly moderately above average stuff. Please listen and share. So my kids can be fed. Thank you.

FED FUN DAY and the hangover is real. Freeform thoughts on markets, wealth disparity, and being lied to by Wall Street.

An update on markets, economy for the end of October

Quick hits one gold, including misconceptions you should know

Thoughts on where we are in markets and economy Sat Oct 15th 2022

Stronger job reports = equities going lower. Weaker job reports = equities going lower. Meanwhile, people continue the myopic, binary-outcome argument about "when does the Fed pivot?" Not only is a Fed "pivot" not occurring, even if it did it's not resuming a secular bull market in stocks. ➡️Especially not in the pandemic story stocks. ➡️Especially not in high-beta (high-risk), and high P/E's. ➡️E...

Well, it’s getting real friends. Like the math said it would. Now, what do we do with it. First, we don’t panic. You were prepared , or you weren’t. If you were prepared, you’re sanguine. You’re accepting of the circumstances. If you weren’t prepared, that’s ok. Let’s talk about how you can approach this. Second, turn off financial media. They’re only going to stoke emotions, resulting in things l...

There’s another hurricane that is strengthening. In the form of a global economic downturn. It’s affecting our shores and moving up in Cat strength. Prepare wisely for this one because its looks to be a Category 5 storm, the effects of which could last the next 4 quarters. Unfortunately, the industry hasn’t prepared you for this. Big banks, financial media, the inexperienced social media personali...

THE RISK YOU DIDN’T KNOW YOU HAVE Move over FANG. The new crew is AMATA. Remember “FAANG?” Facebook, Apple, Amazon, Netflix, and Google? They were the talk for quite some time. But, things always change. Netflix and Facebook dropped out of the top 5, Google changed its name, and Tesla became the new darling of the market. The new crew, let’s call it AMATA, is Apple, Microsoft, Amazon, Tesla, Alpha...

A quick & relevant update on markets for Fri, Sep 23rd None of what you see happening right now is a buy signal. The dollar is ripping higher. This is not good for the global economy. Yields/rates are soaring, with a high rate-of-change. The downside/low-end mathematical range for equity markets is dropping. You must understand the importance of bonds and currencies in determining what's happe...

Shame has no place in personal finance. This goes for individuals, and especially couples. The moment that shame starts to emerge, we wreck it. It is antithetical to our process. Our work is to align and help redirect. Align in that we understand perspectives. Redirect as in helping people to rethink and rewrite their story. Who of us has not made money mistakes? Most of us were not equipped with...

1. Make household budgetary changes. It’s not easy, but it can be done. In other words, save more. Spend less than you’re earning. Self-discipline. Cash-flow planning. Think like a business. Create more margin. 2. Adjust risk in your investment portfolios. What worked for the last 12 years is not what works now. 3. Look for opportunities to ask for a raise. Or if you’re in a business development /...

A quick description of The Daily Mission Podcast.

It’s time to get efficient. Don’t wait. Current caution flags, and ideas on improving your financial situation.

Sometimes you just need time and space. The Daily Mission is back from the wilds of the Sangre de Cristos to reengage with the world and all of its noise.

Let's talk about cash, inflation, and some ideas this year.

The US Dollar. Yankee Fiat. cash, bills, paper, greenbacks, moolah, scratch, dough, bread, cheddar. dead prezzies. No matter what you like to call it, that dollar dollar bill is a wrecking ball, y’all.  It's in high demand, globally. And that can create some pretty big problems in the short term. Let's talk about why in short order.

What you think “should be” versus what “is” when it comes to investing, and why you should probably think more like a strategist and less like a tactician.

Two factors more than any other supported the growth of the hedge fund titan era: Easy money for leverage, and getting paid under the carried Interest loophole. But both of those factors are in the process ofd changing. And quickly.

It's been a crazy week in markets. Get the storyline you're not likely to hear from mainstream financial media.