Bluespring Wealth - California

The consequential Midterm election has come and gone. The results seemingly registered on the Richter Scale. On the eve, it appeared quite evident that the Democrats were going to have a good night. But I suppose even the most optimistic Democrats didn’t anticipate this outcome. The results were crystal clear. As one of our Washington sources put it: “This was a wipeout of historical proportion”. It was absolutely Market-moving...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

There’s no way to sugarcoat it; There was a Tech Wreck on Wall Street this week. There were some big movers that hit the Stock Market. Intel, a company revitalized by the massive AI infrastructure build, had its worst day since the 1970s. Alphabet, a Tech Titan and key leader in AI, had its worst day ever. For those paying attention, ever is a long time. Between Earnings Season, the Fed meeting and next week’s election, there’s a ton going on. There was much to learn from the events. We study and analyze; That’s our job. We like to inform and educate; That’s a commitment. This is likely to be one of those longer ones. So, if you’ll indulge me, I tried to put a lot of brain food into this piece. Here’s another rapid rundown...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

I was in New York City this week for an investment conference. I always find it valuable to visit Lower Manhattan and embrace the place where it happened. When you study the history, you realize that as our nation and financial system has evolved, some things remain the same...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

Inflation is still a problem. We see it every day. Gas prices jumped 9% in September. Wholesale inflation saw its second hottest month in 15 years. These higher prices have been sending Bond yields higher too. Stress is building up in the system. The Bond Market has been sending the signals. The Bond Market is the smartest of them all...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

October started off with a bang for investors. The first few days brought a rally which is generally uncommon this time of year. It also brought extensive heat to the Bay Area, also uncommon. September is historically the worst month for stocks, with weakness continuing into early October. This 10th month on the calendar has seen its fair share of Market bottoms, followed by late month strength which accelerated through November and December. That’s been the normal course of action. Of course, what’s even normal these days...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

There was a summit in Washington this week. It was between Presidents Xi and Trump. You probably heard about it. It was President Xi’s first trip to the U.S. in over a decade. Interestingly, he skipped the annual UN General Assembly in New York earlier in the week. His Vice President attended in his stead. The official reason was that the Chinese President was prioritizing the bilateral meeting with the American President. The red carpet was rolled out to him at the White House...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

AI has dominated the landscape in these 2020’s. The transformational technology is clearly the next big thing and has been deemed the driver of productivity and growth in the 21st century. The Stock Market has been driven to all-time highs on the back of AI. Earnings growth has exploded. America’s Economy has kept a steady growth rate in large part due to the AI revolution, while other nations’ economies stay sluggish. AI is everywhere. At first, it was met with fascination and excitement. That eventually transitioned a bit towards caution and skepticism. This week, it quickly turned towards panic and fear. Seeing headlines that there’s a 10% probability that AI will destroy humanity by the end of the decade will do that...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

I’ve been thinking long and hard about this message today. Here we are now, 25 years later from the day that changed everything. Can you believe it’s been a quarter of a century? We must never forget that 2,977 innocent souls were taken that day. These were moms and dads, sons and daughters, sisters and brothers. 2,753 were in the towers at the World Trade Center. 343 of them were firefighters. New York’s finest ran in while others ran away. Another 184 victims died in the Pentagon attack. And of course, 40 perished in rural Pennsylvania when a courageous group decided to sacrifice their lives by diverting the plane in order to save countless others...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

The unofficial end to Summer is here. Labor Day weekend marks the last trip to the beach, lake or mountains before the year-end rush commences. Nearly 50 Million Americans are expected to hit the road this Labor Day weekend. It’s going to cost us. We are experiencing the highest gas prices ever for a Labor Day weekend. West Texas Intermediate is back above $90. That bleeds into so many things we use and buy on a daily basis. Representing 70% of U.S. GDP, the American Consumer is the ultimate economic engine. We keep spending. It’s definitely adding up...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.

It’s back to school time. Students all over the country have returned to campus or shortly are headed that way. Despite Labor Day being a week away, Summer’s over for kids. For the record, I still think it's un-American for school to start before Labor Day...

The information and opinions presented in this podcast, including the views of guests not affiliated with Bluespring Wealth, are for general informational and educational purposes only and should not be considered investment, tax, or legal advice. Any references to specific securities, sectors, industries, products, or services do not constitute a recommendation or endorsement. All investments involve risk, including the possible loss of principal. Past performance or market behavior is not indicative of future results. Listeners should consult their own financial professionals before making any financial decisions. Bluespring Wealth is registered with the Securities and Exchange Commission. This registration does not imply a certain level of skill or training.