Rob Isbiz, who publishes under SunGarden Investment Publishing,

Great to have them on Wall Street Breakfast, talking market, market sentiment,

and what he sees for investors.

Any articles discussed today you can find links to them on our

show notes and all episodes have transcripts available on Seeking Alpha.

All right so it's September 20th. How are you looking at the market?

What are you thinking about macro, micro, how are you looking at things?

Sure.

So, look, I start out with everything.

My number one investment rule is called a b b i'd be a big loss and and and the

corollary to that is any investment can go up in value at any time. So really the emphasis every time I look at the markets, which is always, I'm looking

first at okay where can I really really get hurt and also try not to make it too

complicated so here's how I see things right now. And in terms of evaluation, I keep something called the

the roar score, reward opportunity and risk. It's a zero to 100 scale.

That's how I tend to think of all investing

with the idea that if it's a cash and stock world and that's all you're limited to. I even run a little

a little portfolio for myself with with just a cash E. T. F. and the stock E. T. T. F. and I rotate it. So that roar score has been, is at 30 right now. It's

been between probably zero and 30, which means that less than half of

that stock cash portfolio has been on the stock side. It's generally been below 40 since like August of 2022, 13 months ago. And here's why. T bills are very tough competition for stocks. I think it all starts with air, you know, again, one of my my hard and fast rules is, you know, it's a complex business, but there's a limit to how complex you have to make it and you know for a lot of folks who are in retirement mode or approaching it you know and I'm not sure that younger investors necessarily understand this yet as much as they should, but 5% you know on one year T bills to wait it out for a year or even getting close to two years, wow.

So, look, I mean, the stock market has been very resilient.

And I think I know why.

I mean, the news is okay, but nothing is broken.

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