A Trend Towards Higher Rates

A Trend Towards Higher Rates

February 10, 2025 The bond market may be starting to worry. Last year was a good one for stocks. The Nasdaq Composite Index gained 28%, the S&P 500 gained 23%, and the Dow Jones Industrial Average rose almost 13%. But if you look closer, both the 30-year and the...
One Man’s Waste Is Another Man’s Revenue

One Man’s Waste Is Another Man’s Revenue

January 20, 2025 Political types of all stripes love to condemn government waste, fraud, and abuse. That’s easy – who opposes it? The problem is when you get specific. Someone argues this agency or that program should be cut, and disagreement ensues. It’s not always...
We Should Probably Be Patient

We Should Probably Be Patient

December 16, 2024 It’s apparent we have a politically divided nation. That said, for many Americans, the future is bright. They’re reveling in the fact that Donald Trump won the presidential election, and that Republicans swept Congress. But what is the chance a...
Increased Bankruptcies Are Undoubtedly Bad for America

Increased Bankruptcies Are Undoubtedly Bad for America

November 25, 2024 There’s a bull market happening right now, but it’s not in stocks. I’m talking about the bull market that’s occurring in bankruptcies. This year’s second-quarter data for Chapter 11 bankruptcy filings shows 2,462 defaults among U.S. corporations,...