Financially Speaking

Barry discusses talking heads, all-time stock market highs and corrections.

Barry discusses talking heads, all-time stock market highs and corrections.

“The longer that I’m in this business, I’m just kind of wondering if money is not in the Math department but it’s in the Psychology department.”

“The longer that I’m in this business, I’m just kind of wondering if money is not in the Math department but it’s in the Psychology department.”

“The longer that I’m in this business, I’m just kind of wondering if money is not in the Math department but it’s in the Psychology department.”

“The support in the market is just growing confidence in the economy’s resilience. I think investors may be concluding that the economy has actually avoided a recession – which is a position that we’ve taken for quite some time.”

“Consequently, the forecasts of the Social Security trust fund solvency are just moot. We might as well be monitoring the health of Thor or Godzilla or the Stay Puft Marshmallow Man.”

“And after a dismal, dismal year last year; three quarters of negative losses – there’s a ray of hope. After I reviewed your portfolios, we saw returns for the fourth quarter that were positive 5 to 10%. Maybe that’s just the beginning of the turn. I don’t know. We don’t know about these things. But what I do know is that we’ve had recessions, we’ve endured recessions, we recover from recessions, we reaccumulate the lost wealth we have from recessions and I expect this to be exactly the same situation.” – BARRY M. CORKERN

“My first ski trip just reminds me of the stock market and the financial markets for this year. It’s just been daunting. Ups and downs throughout the year.”

BARRY M. CORKERN

“So, I went back and made the calculations, and the return on stocks from February the 1st of 2020 (just days before the pandemic started) to the end of this dismal September (a few weeks ago)…stocks were up a total of 14%. Yes, in spite of all of that – stocks are still up. – BARRY M. CORKERN