From decades of American stock market experience comes the saying that one should sell in May and go away. It is May and we have experienced a tremendous run up in stock prices since March, 2020, so it seems a good time to examine this old adage. There is a [...]
This past week, President Biden addressed Congress and the American people to make his case for a 1.8 trillion dollar spending bill targeted at families and education called the American Families Plan. He has proposed to pay for this additional government spending through tax increases targeted at corporations and wealthy [...]
Since the Ph.D’s in Economics have been in supposed total control of the Federal Reserve Bank in the past decade or more, they have been adamant that without US inflation of at least 2 percent per year, life cannot progress as it should. But try as they might, they have [...]
Last time, I discussed the market rotation currently in evidence from the high flyer growth stocks to the more mundane garage sale value stocks. Today I want to give you a better idea of how this presents itself to investors. Since you have thousands of choices available to you, how [...]
My son loves video games. His favorite is something called Fortnite. In the game you run around a digital world trying to shoot and eliminate other players the same way I did as a kid in the woods behind my house with nerf guns. The game is totally free to [...]
If you have grandchildren or children, you obviously need to spend more time talking with them about the benefits of capitalism. Somehow as a nation, we have come to rue uncertainty and reward risk avoidance, at least from a governmental perspective. Therefore, we have a Federal Reserve Bank on hallucinogenic [...]
The past year has been very hard for a lot of people. From kids missing their friends and activities at school, to adults struggling financially, to seniors concerned about the health threats facing them, it seems like, for many, stress levels are higher than they have ever been. For some, [...]
I believe the stock market is going to soon crash, but as Yogi Berra supposedly said, “It’s tough to make predictions, especially about the future.” I have great respect for how difficult it is to predict the future of markets. Having said that, I’ve guided those listening well through some [...]
Unless you have been in a jungle somewhere, without a smart phone, for the past week, you have heard of the youthful group of stock trading investors acting like a flash mob. I cannot pretend to understand all of the communication technology that enables the group to coordinate. But I [...]
This past week has been a rather dark one for our nation. Watching as our capital was stormed by radical extremists who didn’t agree with the results of our election was something I never believed I would personally witness. Since that day, I have been equally disturbed by the attacks [...]
