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News and Noise
The Investment Team at Oak Harvest Financial Group is pleased to introduce a new release in which we will examine a news item, headline, or story making the rounds from publicly available sources and ask, “Is it News or Noise”?
As you know, our constant advice for investors is to “tune out the noise.” But sometimes it is hard to know what’s noiseand what’s not! That’s what this series is going to be about.
Our goal here is to approach these stories and each topic from an independent, investor-first, standpoint, divorce ourselves from personal feelings, emotional bias, or political opinion, and briefly analyze what we believe each story means for long-term investors.
These are going to be quick, casual, opinion pieces, and while we will use data to support our view, we will most likely be wrong in our interpretations, at least some of the time. However, we are looking to practice what we preach, and to help investors to rationally and critically analyze emotion laden stories.
So with that said…
News or Noise?
Is China Relevant to Your Portfolio | News or Nois...
China’s economy, led by the policies dictated by its general secretary, Xi Jinping, has struggled during the first half of 2022 under the backdrop of his “Zero Covid” mandate in front of the upcoming election. China’s political and economic uncertainty comes as Xi prepares to extend his presidency to a…
Does The CPI (Consumer Price Index) Report Affect ...
On Wednesday, August 10th, the government released its consumer price index, also known as CPI. It rose 8.5% in July 2021, which was below expectations, mostly on slumping energy prices. Excluding food and energy prices, core CPI rose 5.9% annually and 0.3% monthly, compared with estimates of 6.1% and…
Are We Really in a Recession? News or Noise for Yo...
Let the bickering begin! Release the hounds. Let the political scapegoating and arguments ring loud throughout MSNBC Fox News, and Bloomberg TV for the next four months into the mid-term elections. We are in a recession! Or we are not? I’m Chris Perras, Chief Investment Officer with Oak Harvest Financial…
Is It 1970’s All Over Again with a Recession...
Year over year, comparable numbers were impossible, commodity Inflation ran rampant, economic growth slowed and the consumer paused after spending furiously in 2021 leading to this headline across multiple media outlets. Here it is. “The S&P 500 just posted its worst first half of a year since Richard Nixon’s presidency…
Internet Scams & Fraud That Can Wipe Out Your...
The internet is an amazing tool for information gathering and dissemination. Unfortunately, from its beginnings in the late 1980’s, it has also been a hotbed for scams, con artists, and outright fraudsters too. No, internet-based fraud didn’t begin with the recent stablecoin and Alt-coin frauds, NFTs, or Reddit board pump…
Get Rich Trading Options? | News or Noise
Options trading is easy! As the bull market marched on, and since no commission trading entered the scene, the day trading and options trading businesses have exploded in size. Internet, TV, and newsletters advertise that they’ll teach you the tricks and give you the tools to potentially become independently wealthy…
Fed Rate Increases 75 Basis Points | News or Noise
Last week, the Federal Reserve announced they were raising the short-term interest rate they control by 75 basis points. This announcement is just one month after Chairman Jerome Powell said the Central bank was not actively considering raising interest rates by three-quarters of a percentage point to fight inflation. I’m…
Do Dividends Matter | News or Noise
The public’s interest in dividend investing and, more specifically, “dividend growth” investing seems to wax and wane every couple of years, depending on the economy and sentiment. Just 6 to 9 months ago, few in the press were discussing this group of stocks with enthusiasm, while many were extolling…