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So far jenkibuild has created 14 blog entries.

We Are Grateful

We Are Grateful We are grateful. That 2015 is behind us, and 2016 has yet to be written. Though the public markets have started 2016 with a whimper or a groan, there is a full year of history to make, before we put the wraps on 2016. Looking at 2015, it was, [...]

Domestic and International Markets

Domestic and International Markets Both domestic and international markets gave a rousing introduction to 2016, as you probably noticed. This seems to be mostly a reaction to what we will call China’s rather opaque financial and economic reporting. On the economic front, the DOL reported a non-farm payroll increase of 292,000 in [...]

Markets Beginning

Markets Beginning As we have noted elsewhere, the markets began 2016 by behaving badly. The major domestic indices are off 7% to 8%, the DAX is off about 10%, the FTSE is off more than 20%, and most Asian markets are off in the 9% to 10% range. This only matters, of [...]

January’s Volatility

January’s Volatility Given January’s volatility, let’s recap what actually happened, in terms of return. Looking across broad domestic stock and bond indices, intermediate bonds, as measured by BLV, led the month, up 2%. Short term bonds, as measured by BSV, were up 0.8%. India’s Sensex was off 4.2%, the S&P 500 was [...]

Employment Numbers

Employment Numbers Last week’s jobs report showed 151,000 new jobs in January, down from December’s 292,000 new jobs. The three month average remains north of 200,000, however. The official unemployment rate dropped to 4.9%, the lowest since the Great Recession, even though there has been 500,000 new entrants into the labor force. [...]

Fundamentals

Fundamentals Based on current results, Clinton and Trump will face off in the presidential election in November. That election though, is more than seven months away which, in politics, can be a lifetime. At least we have entertainment that’s not prime time cartoons. The economy seems to be working, if we look [...]

Welcome to March 2016

Welcome to March 2016 Welcome to March 2016. The year continues to fly by. All of us seem to feel that each year goes by more quickly. It makes sense, actually. When you are ten years old, a year is 10% of your life. At age 50, one year is 2%. At [...]

Major Stock Indices

Major Stock Indices The major stock indices ended February on a positive note, and carried this momentum through the first week of March. As of Friday March 4, 2016, the Dow Jones Industrial Average, the S&P 500, and the Wilshire 5000 are off for the year between 2.1% and 2.6%. This is [...]

Economic Health

Economic Health This whole issue of economic health is fascinating. The Bank of Japan adopted negative interest rates in January, which means you pay the bank to hold your money. Japan has been experiencing deflation and economic stagnation for at least two decades. Germany has a zero interest rate at the moment. [...]

Top 20 billionaires

Top 20 Billionares 2016 Edition Sir John Templeton, founder of the Templeton mutual fund family, was once asked for a quote regarding the markets. Keep in mind that this was a man from Winchester, TN who became a billionaire by pioneering the use of globally diversified mutual funds. He founded the Templeton [...]