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The Worthington Wire

Monthly Market Insights from Bill Schiffman – June 2021

June 2, 2021 |

“People all over the world… join hands… start a love train, love train…”       We go back almost a half-century for this classic rhythm and blues chestnut. “Love Train” was only one of the smash hits on the 1972 “Backstabber” album by Canton Ohio’s very own O’Jays. I know that my old Philips turntable got worn out…

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Monthly Market Insights from Bill Schiffman – May 2021

May 3, 2021 |

“Tired of waiting, tired of waiting, tired of waiting for you…” We’re heading way back to 1965 for this great old chestnut from Ray Davies and his vastly underrated band, The Kinks. The British invasion of rock and roll was in full swing, and this song was a smash both here and across the pond.…

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Monthly Market Insights from Bill Schiffman – April 2021

April 1, 2021 |

  “Well they call me the breeze… I’m just blowin’ down the road…”       This song probably wasn’t the most popular of the innovative catalog of legendary southern rock band Lynyrd Skynyrd, but it’s quite appropriate for the stock market right now. The first quarter of 2021 ended yesterday with the S & P 500 at an all-time high, the Dow Jones Industrials…

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Monthly Market Insights from Bill Schiffman – March 2021

March 3, 2021 |

“In like a lion, out like a lamb … ”  This old saying generally refers to the weather in March. It infers that February often ends with rain, snow, and cold temperatures that tend to ameliorate as Spring arrives. The adage also could have applied to stock market performance in February. Last month began in a…

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Monthly Market Insights from Bill Schiffman – February 2021

February 2, 2021 |

“Say, here I am… On the road again… There I am… Up on the stage… here I go… Playin’ the star again… There I go… Turn the page.”      Classic 1973 lyrics from Bob Seger that are definitely appropriate almost five decades later. America, albeit painfully, did indeed turn the page on 20 January. Irrespective of…

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Yearly Recap from Bill Schiffman 2020

December 30, 2020 |

 “Don’t let the door hit you on the way out!” I think that most of us feel the same way about having 2020 in our rearview mirror. It’s been a year of upheaval, tragedy, terror, grief, and uncertainty. The worldwide COVID-19 pandemic which began in January in China quickly overtook most of the world with…

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Monthly Market Insights from Bill Schiffman – December 2020

December 3, 2020 |

Is that a bright light at the end of the tunnel or is it a train that’s about to run us over? To overstate the obvious, November was a tumultuous month. President-elect Joe Biden won the hotly contested race for the highest office in the country. Outgoing President Donald Trump still hasn’t conceded the result.…

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Monthly Market Insights from Bill Schiffman – November 2020

November 6, 2020 |

The voters have spoken. What they have said is still up for grabs. As of the writing of this missive, we only know two things for sure: 1.) we’re happy not to see the unending barrage of commercials on TV and social media, and 2.) pollsters are worthless. It seems as though America will have…

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Monthly Market Insights from Bill Schiffman – October 2020

October 2, 2020 |

“Who’s to say what’s impossible? Well they forgot, this world keeps spinning, and with each new day, I can feel a change in everything.” A rather obscure song lyric this month… it’s the song “Upside Down” by Jack Johnson as part of the soundtrack for the 2006 movie Curious George. It’s not to be confused…

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Monthly Market Insights from Bill Schiffman – September 2020

September 1, 2020 |

“Bull markets begin in pessimism and end in euphoria.” This statement from legendary investor, John Templeton, many decades ago has a ring of potential truism today. August has closed with its best performance since 2000 as upward momentum continued for most sectors. While the news flow for August may have been exhausting (two political conventions, the…

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