“Magnificent” Concentration

“Magnificent” Concentration

March 18, 2024 Many market indexes weighted by market capitalization are top-heavy right now. A glaring example is the S&P 500, where the “Magnificent 7” stocks account for roughly 29.0% of the index’s total value. It’s interesting what has historically happened...
Companies Getting Lean and Mean

Companies Getting Lean and Mean

March 11, 2024 Struggling cosmetics company Estée Lauder’s stock is down more than half from its 2021 peak, yet it recently added $10 billion to its market capitalization. How did that happen? Well, the company posted solid earnings, beating analyst estimates. That...
Surprising Challenges Retirees Face

Surprising Challenges Retirees Face

March 04, 2024 This may not seem obvious, but there are new, potentially surprising challenges retirees face when they stop working. Take stock market volatility. While you’re working, market gyrations aren’t noticeable. If they are, it’s not a big deal because you’ll...
Wall Street is Not on Your Side

Wall Street is Not on Your Side

February 26, 2024 It may seem hard to believe, but individual investors (so-called “retail investors”) should know that Wall Street is not on their side. The news media hardly mentioned it, but there’s been another recent example of Wall Street’s true relationship...
You Can’t Spend More Than You Bring In

You Can’t Spend More Than You Bring In

February 19, 2024 How did our nation accumulate so much debt? This question is on the minds of many folks. Back in 2001, the Congressional Budget Office (CBO) estimated then-current policies would eliminate the national debt by the end of 2009. Instead, the national...