In this digital society of ours, it is a challenge for all of us to give our full attention to everything that crosses our desk. It is with this in mind that I have always kept my newsletter to a one page summary each month. This has been challenging at times in this complex 24/7 […]
“Black Swan or Opportunity?” What is a Black Swan? The theory was developed by Nassim Taleb to explain unexpected events of large magnitude and consequence and their dominant role in history. They are generally unforeseen, can be terrifying and often become the “reason du jour” the markets move negatively with seemingly few reasons. The equity […]
We seem to be back in a period of worry and concern. Greece was in the headlines for the last few months. After much posturing by its new government to not cave in to European pressure to cut pension benefits and abide by more stringent austerity measures, they ended up doing exactly that. I suppose […]
July 7, 2015 Dear Valued Investor: The Greek people had their voices heard on July 5 and decisively voted “no” on the Greek referendum to accept the latest bailout deal from creditors. This outcome, which was surprising to many, will potentially raise the level of economic and financial market volatility in the weeks ahead, as […]
During the last few trading days, U.S. and European equity markets have been weak – but not today. The Dow 30 Industrial Average is currently up 250 points on the day (Wednesday) and is trading at 18,014. European markets are also higher today. Look at Germany’s DAX index – it is up over 3% today. […]
Thanks to the best web design company in Reno, Legacy Wealth Planning is proud to present our new website. With the help of OCG Creative, we were able to optimize for mobile, allowing users to navigate the website on phones and tablets like an app. Now Legacy’s website is faster, sleeker and better than ever. The […]
Mark Levy’s Economic Update – Thursday, January 08, 2015 Since my last letter in December, stock markets and oil markets have been volatile. The stock market is actually higher today than at last month’s writing. The Dow 30 Industrial Average is currently trading at 17, 841 – a few hundred points below its all-time high. […]
Mark Levy’s Economic Update – Wednesday, December 10, 2014 My opening comment last month was about declining oil prices and the same will be the case in this month’s letter. This morning, Brent Crude Oil has dropped below $65/barrel for the first time since 2009 and OPEC has cut their demand forecast for Crude Oil […]
Weekly Market Commentary – Can Stocks Deliver the Goods for 2015?
OUTLOOK 2015
Mark Levy’s Economic Update – November 13, 2014 As I stated in my letter last month, the continuing decline in oil prices is stunning! Gasoline prices peaked this year at the end of April at close to $3.80 per gallon. The price remained at that level until the end of June, and then dropped precipitously […]
Mark Levy’s Economic Update – Wednesday, October 08, 2014 A number of months ago, I wrote in this newsletter that there was a possibility that $90 per barrel would become the ceiling for crude oil prices as opposed to the floor. Yesterday, WTI Crude for November delivery at the New York Mercantile Exchange closed […]
Weekly Economic Commentary – Beige Book – Window on Main Street
Weekly Market Commentary – Back to School with the Three Rs – Revenues, Reinvestment and Renaissance
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