As Maxwell Smart Used to Say…

As Maxwell Smart Used to Say…

Missed it by THAT much! After a rocky start, the Standard & Poor’s 500 Index came within 1 percent of an all-time high last week, reported Ben Levisohn for Barron’s. It’s significant because the Standard & Poor’s 500 Index has been trading below its January...
The Market Response to Fewer Regulations

The Market Response to Fewer Regulations

This isn’t intended as a political discussion. I am not advocating for or against any particular policy. I am stating my belief that policies stack and have a negative aggregated effect on small start-up companies who have to overcome the entire stack just to begin...
The Numbers Are Coming In

The Numbers Are Coming In

Publicly-traded companies report their earnings and sales numbers for the previous quarter in the current quarter. For example, fourth quarter’s sales and earnings are reported during the first quarter of the year, and first quarter’s sales and earnings will be...
Some Good & Some Bad but No Ugly

Some Good & Some Bad but No Ugly

There was some good news and some bad news last week. First, the good news: Thanks to consumer spending and an upturn in federal government spending, the U.S. economy grew faster from April through June this year. Gross domestic product (GDP) grew by 2.6 percent...
2016 Recap

2016 Recap

The Markets as of January 3, 2017 What a difference a year makes! At the start of 2016, investors were rather pessimistic and risk averse, preferring bonds to stocks. By the end of the year, they were quite optimistic and preferred stocks to bonds. In between, markets...
Risk and The Post-Thanksgiving Food Coma

Risk and The Post-Thanksgiving Food Coma

FIRST, THE FOOD COMA IS A MYTH.  According to WebMD, the amino acid L-Tryptophan is not responsible for Americans’ post-Thanksgiving food coma. The real culprit is overeating. So, last week’s post-feast sleepiness can be blamed on big appetites. And, this might not be...