Today there are only a few hours of trading in markets and it hard to get excited about doing much of anything in investing after a off day yesterday and a weekend ahead. Semi-illiquid stocks will be even more illiquid today.
Interest rates are holding at 4.22% and there is no new economic news to motivate prices much up or down. The move lower in rates over the last week or so did finally give our portfolios a little boost–not giant, but at least prices were not falling. This little boost moved some of our portfolios to new all time highs (we don’t withdraw any money from investment accounts), but I have low expectations for the next few months–and 2025 will be a tough year trying to make my 7% hurdle—4-5% is likely easy, but 7%?
Well we have our eldest grand daughter with us today and my wife and her will do our holiday decorating–I am thankful that she will get me out of that task which is on the bottom of my list of favorite things to do.
Well lets get the day started–and coast into the weekend.
Last trading day of the month. Normally active.
I have an opposite expectation for today . Thin holiday volume + Rebalancing / Repositioning of Preferred ETFs may open good opportunities