Jerome Bitun

The unimaginable has happened. America has voted the most unlikely candidate for President and a lot of people got caught by surprise. However, I wasn’t as surprised that Trump won. In fact, I was half expecting it. For all of Trump’s bluster, I already had a feeling he will have a good showing in the polls, maybe a close race with Clinton if Clinton did win. But when it was shown he was leading in the early polls, I knew he was going to win. What surprised me was that the whole country voted Republican. The US congress and senate is now controlled by the Republicans. Last time, congress was controlled by the Republicans but the senate was controlled by the Democrats. This time around, the Democrats were completely demolished. Why? Historically, when the economy is doing badly, the incumbent party almost always losses. Why? Because the people wants change, so the kick out the current party and install a new party to see if they can make things better. If the economy is doing well...

Roller Coaster Ride Up…down...up…down…down…down…down…up…up!...up! Do you sometimes feel the stock market is like riding a roller coaster? Because that’s exactly how it felt like the last few weeks. It’s like how you feel during the Christmas season. All the highs of the season, the Christmas jingles, the lights, the cold winter air, the parties, everyone greeting Merry Christmas to each other. Then after Christmas, comes the crash, the quietness and the realization that you have a ton of credit card bills to pay when it arrives in January. It’s certainly has been an interesting January we’ve had so far with the stock market. The S&P500 was down 5.07% for the month of January. It came crashing down until the 3rd week of January then started going up until the end of the month. Then suddenly, it started going down again until it hit bottom on February 11 and is now almost back to the high of February 1, 2016. I normally write a something to my clients whenever I see s big mar...