“Success seems to be largely a matter of hanging on, after others let go.” – William Feather Winners don’t quit the stock market. Period. Investors always win over the long term. It’s quite easy to see in the chart,...
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Is the Bull market over? Are rising interest rates going to hurt bonds? Will inflation continue to rise? Why is the market so volatile? Many people are worrying. Maybe you are one of them and ask the same questions....
There has now been a total of 6 pandemic relief acts passed in the United States. Coronavirus Preparedness and Response Supplemental Appropriations Act Families First Coronavirus Response Act CARES Act PPP and Healthcare Enhancement Act Consolidated Appropriations Act of...
The “Setting Every Community Up for Retirement Enhancement” (SECURE) Act passed the U.S. House of Representatives last May, passed the Senate a few days ago in December 2019, and then was signed by President Trump. It is among the...
Similar to today, the Roaring 1920s saw rapid technological change with cars and electricity. This created a farm surplus as fewer horses consumed less feed. Prices fell, and farmers complained of foreign competition. Herbert Hoover promised higher tariffs in...
The Fed cut rates by 25 basis points today as expected. The notes show officials were split on the need for more easing, and made comments about acting as appropriate to sustain expansion. As defined on the Federal Reserve...
This week marked the 307th time that the Dow Jones index fell 3% or more in a single day when reviewing historical market data. The chart above displays the Dow Jones Industrial Average going back to 1920, and the...
Unemployment is still at historic lows, the economic expansion in the U.S. is at record length, and consumers are spending money, so why did the Fed lower interest rates? This is called an “insurance cut.” The central bank wants...
Friday is the day of Summer Solstice. This is the longest day of the year in the northern hemisphere. For us this means an early dawn, long day, and a late sunset. Meanwhile, south of the equator, winter begins....
It’s earnings season for the banks, and report cards are coming out. Margins continue to shrink. Banks are beginning to move to an online model, attracting millennials, and possibly you could see less brick and mortar buildings in the...