New York might have deserved their self-appointed title of being the empire state in bygone days, but the empire is falling before our eyes as politicians continue to play their fiddles. New York has been the capital of the United States as far as wealth goes for a very long time, and even though, like […]
Being the sixth most valued company by the stock market should definitely qualify as being in the big 500. Tesla simply grew so large that this big gorilla could not be ignored anymore. Like all stock exchanges, the benchmark S&P 500 collection of the country’s large cap stocks does change its collection from time to […]
Some were afraid that the recovery that will come when COVID goes away would cause the Federal Reserve to back up their mega support of the economy. Not anytime soon. It wasn’t that long ago when the big potential issue with the Federal Reserve during its Federal Open Market Committee meetings was its changing its […]
Warren Buffett’s fabulously successful company Berkshire Hathaway hasn’t been exciting at all for many years now. Some analysts are licking their chops over it now anyway. The once mighty creation of legendary investor Warren Buffett, Berkshire Hathaway, that he built from a textile mill to one of the world’s largest conglomerates, has showed its age […]
Most people have enough trouble understanding how stocks work, but when you throw in the effects of changing values in the U.S. dollar, things really get confusing. To most people, stocks and the stock market do not seem so hard to understand. When we own a stock, we own a piece of the underlying business […]
One of the real fears of a Biden presidency is who he might appoint as Secretary of the Treasury. Janet Yellin is at least a more palatable option than someone like Elizabeth Warren. To go along with the country’s first female Vice President, President-elect Joe Biden has also broken the gender barrier with his selection […]
As so many are reveling in the apparent success of Pfizer’s vaccine trials, we might think that their stock should be going crazy. Lots of craziness, none related to the stock. The headline from Bloomberg when the news of Pfizer’s COVID vaccine achieving a 90% efficacy rate claimed that Pfizer’s stock was “soaring,” and many […]
It looks likely that the stock market has avoided the worst, where we get a chance to catch our breath and try to figure out how to proceed with our portfolios. 2020 will go down in history as one of the most bizarre years for stocks ever. This isn’t so much about the size of […]
The sky was supposed to fall on the stock market with a looming Democrat sweep, but it didn’t come crashing down as predicted, and the market breathed a sigh of relief. As the aftershocks of the 2020 election continue to reverberate, for those who are rooting for the stock market, it could have been worse. […]
Next week’s election may or may not be the country’s most important ever overall, but it certainly is the biggest ever for the economy. We’ll look at the issues from the economy’s perspective. What makes the 2020 U.S. presidential election stand out so much is how different incumbent Donald Trump and challenger Joe Biden differ […]