Pac Sun Reports

Pac Sun Report – June 2, 2019

“April Showers bring May flowers.” Sorry, not this year in the stock market. The S&P 500 fell more than 6% in May, a reminder of last December’s plunge of 9%. Currently, we have the same trade war brewing with China, and Mexico was just added to the fray. But this...

10 Years Ago…from a Chief Economist

It’s March 8, 2009.  The market’s down 56% from its all-time high, unemployment is over 8% and hurtling toward 10%, it’s just been reported that real GDP dropped at a 6.2% annual rate in Q4 of 2008, and it feels like the world is coming to an end.  You’re tired,...

Pac Sun Report – December 2018

Santa’s sleigh has met some stormy market turbulence following the recent Halloween nightmare on Wall Street. Unless there is a strong holiday rally, you will be probably be very disappointed in your year-end investment statements. After nine years of positive...

Halloween Report 2018

Nightmare on Wall Street or a Keith Richards Stock Market? When you receive your October investment statement you may be in for a shock. The S&P 500 Index was scared into a 10% fall this month after nine years of dreamy gains. The question is whether most...

Halftime Report – July 3, 2018

There was a whole lotta shakin’ going on in the markets for the last six months…but not much really happened. Equities rode higher in January, then the DOW dropped 1,175 points on one day in February. We shimmied through the Korean conflict, felt a breeze from another...

January 14, 2018

When something is very delicious, in Hawaiian slang they say it "broke da mouth". As we lift off in 2018, let us briefly savor some of the tasty records from last year and try to put the low points behind us. Led by hurricanes Harvey and Irma, 2017 was horrific; a...

Pac Sun Report – July 5, 2017

As we celebrate our independence this week, we can proudly wave the flag over our stock market’s first half results for 2017. The DOW and the S&P 500 indices gained 9% each…and the NASDAQ flew 14% higher. This is the strongest first half showing for the S&P...

Pac Sun Report April 6, 2017

“Most milestones of the human journey, good or bad, are foreshadowed by the sound of a ringing.”      Mitch Albom There were plenty of milestones ringing the bell on Wall Street in the first quarter of 2017. The DOW crossed both the 20,000 and 21,000 levels for the...

Pac Sun Report – November 1, 2016

“The political and commercial morals of the United States are not merely food for laughter, they are an entire banquet.” Mark Twain Saturday Night Live has been in rare form these past few weeks. Alec Baldwin and Kate McKinnon are so good imitating the candidates that...

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