Picking Stocks? You Have a 2.4% Chance of Winning Big

January 10, 2022 It’s the first post of the year and I’d like to provide some perspective, and depending on your point of view, some encouragement. You probably already knew this, but just in case, I want to make it clear how picking the best stocks is extremely...

A Common Concern Among Americans

December 27, 2021 To end the year, let’s take a look at America and the concerns of its citizens. In a recent poll, Americans were asked about their top worries and the answers were sorted by political party. I thought most people would worry about the same things....

Quicken the Taper to Shrink the Sheet

December 20, 2021 The Federal Reserve has started to “taper.” That means it is reducing its enormous buying of bonds by $15 billion per month ($10 billion in Treasury bills, $5 billion in mortgage-backed securities). The reduction should be complete around July 2022,...

Help Wanted Signs Everywhere

December 13, 2021 Take a look across the country. Almost everywhere, including Amazon, Starbucks, UPS, IBM, and many more, there is a labor shortage along with a resulting hike in wages aimed at attracting and retaining workers. McDonald’s raised hourly wages by...

The Holiday Travel Crisis

December 6, 2021 Recently, the busy travel period between Thanksgiving and New Year’s Day kicked off. But the airline industry is facing a big issue – labor problems. We’ve all heard about American Airlines and Southwest Airlines cancelling thousands of...

The Ticking Taper Clock

November 22, 2021 The Federal Reserve should begin scaling back some of its extraordinary pandemic stimulus measures soon. It has foreshadowed a sunset on its huge bond buying program, which should help avoid another “taper tantrum,” like in 2013. Back then, markets...