Last week Alphabet Inc., better known as Google’s parent company (GOOG), registered a new high in its 12 year history topping $784 three consecutive days. At its offering, you could have bought a share for $50. Google does make a profit in case you wondered. But more people probably wonder [...]
If I were a betting person, I would put money on your being aware that the United Kingdom is quitting membership in the European Union. I am also reasonably sure that you do not know exactly what that means for the British, the rest of the European Union, or for [...]
During the first quarter of 2016, stock ownership provided a roller coaster ride. Last week I railed against the Fed’s free money policy and its consequences. This week we examine whose ox was gored and whose geese were golden. In the short term, I think Mr. Market will continue to [...]
. One of the complaints I hear frequently from many quarters is that these United States do not make anything anymore. Today I intend to make short shrift of that myth. The truth? We are producing more goods than ever before in our history. In 2013, the US [...]
In spite of the fact that our national economy continues to chug at a painfully slow annual rate of plus or minus 2 percent, it thus far refuses to stall into recession. Even though the Gross Domestic Product (GDP) has not fallen in a quarter since early 2014 with that [...]
As I have described before, this calendar is destined to be unusual in one way or another. The January indicator, looking at the first few days plus the month as a whole, gave us a prediction of being a lousy year for the stock market. On the other hand, the [...]
I personally like studying history because, as written in Ecclesiastes 1:9, What has been will be again, what has been done will be done again; there is nothing new under the sun. This week we have learned the Greeks would rather not pay their debt owed mostly to European banks. [...]
There are two primary schools of thought about investing in modern markets. The first and dominant is what I call Live Long and Prosper with deference to the late Leonard Nimoy, Dr. Spock of Star Trek. It prescribes being fully invested at all times no matter what is occurring. If [...]
Last Monday at the international Million Dollar Round Table annual meeting, New York Times columnist and author, Tom Friedman talked about his soon-to-be-published book. His talk entitled The World Is Flat 3.0 had something for everyone. His original work, The World Is Flat, published in 2005 stressed that many past [...]
My longtime Rotarian friend, Dick Puhr, late sportswriter par excellence for this newspaper, used to write an occasional column he called Dissa and Datta, if I remember correctly. Today I am following his lead with some information and opinion on a variety of topics, but all related to economics and [...]
