Spending More?

The Wealth Effect – The relationship between personal wealth and consumer spending. According to the wealth effect consumers have a tendency to spend a larger proportion of personal income as their wealth increases. The wealth effect was used to explain increases in consumer spending in the late 1990s when stock prices boomed.

Higher equity prices will boost consumer wealth and help increase confidence, which can spur spending. — Ben Bernanke, 2010.

Household Net Worth continues to rise and like most stock markets, made another new all-time high closing out Q317.

September 2017 Charts on the Move Video

With 3/4 of the year in the books, the US stock market is moving towards a very bullish seasonality period. If nuclear bombs and Washington tweet bombs cant bring it down are we setup for a year-end barnburner? My recap of September can be seen in the video link below.

https://youtu.be/YcmxMQ4ZC-g

August 2017 Charts on the Move Video

For those who were lulled to sleep with August's market action, seasonality says it time to sit up and pay attention since September is historically the weakest month of the year for stock returns. Weak or not, we are in the midst of a powerful bull market so plan accordingly.

August's video link is below.

https://www.youtube.com/watch?v=0PfC6I2wVE4&t=6s

July 2017 Charts on the Move Video

With the markets and investors apparently lulled into a bullish induced coma (not unlike what happens to Homer Simpson when he sees doughnuts), seasonality tells us to expect more of the same for August. Instead with the extreme levels of complacency,  extended price levels, this would be an ideal time for investors to revisit their management plans ... justin case.  

My July highlights in the video link below.

https://youtu.be/JlYFRKRhA6Y

June 2017 Charts on the Move

With the first half in the books, where are we headed?

Let me know what you think. My current thoughts can be viewed in the video link below

https://youtu.be/jo5X7DBkJBE