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News

Russia’s “Hidden War”

Tune to any major news channel or visit any website, and you’ll see images of Russian forces deployed along the Ukrainian border, poised to invade. You’ll see no shortage of troops, tanks and a myriad of other assault vehicles. These are the visual depictions that we associate with armed conflict. But there’s a whole other front in this war, and you’ll almost never see it in the news. This new battlefront is practically invisible … unless you’re one of the few who can decipher lines of cryptic computer code. Yet, it could be the most dangerous front of all, one that easily transcends borders and finds its way to U.S. shores. In fact, this new conflict could be the very first where this type of warfare takes center stage.

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What the Smart Money Did on Friday and Monday

My reaction to those big up days was probably like yours. Momentum (aka growth) stocks in The Bauman Letter’s model portfolio have taken a beating since the beginning of the year. So has my personal portfolio. So, when those stocks jumped like a frog off a hot highway on Friday and Monday, I breathed a sigh of relief.“ The worst must be over. The smart money is piling back in.” That’s what I wanted to think. But the facts tell a different story … and prove why smart investors ignore short-term moves like these.

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2022: The Big Picture

“Predictably unpredictable.” That’s 2021 in a nutshell. The last month was a real doozy. We’ve had a suddenly resurgent pandemic, a major Federal Reserve pivot and stocks swinging in all directions. Many of those same variables will stay in play for the stock market as we head into 2022. Ted put together a terrific list of what to watch for. So, for my 2022 predictions, I pondered a few big-picture challenges and opportunities that lay ahead. Let’s get the obstacles out of the way first…

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