Last week, we had an Investment Committee meeting at our firm that generated some interesting discussions. One topic was the belief that a person must be insane to buy stock right now; that because of the presidential election, the pandemic, vaccine questions, a Supreme Court nomination, rampant unemployment and the recession, no one should be
Happy Leap Year. When we entered 2020, I assumed the November presidential election would be the big topic of conversation for this year; however, I was wrong. This coronavirus, that no one saw coming, jumped to the forefront and is taking center stage. All I can say is, here we go again. Last year, it
In its latest update, Apple added a new app that sends an alert to yourApple Watch or iPhone when it identifies sound levels in your environment that may negatively affect your hearing. If you’ve been following the market news lately, you probably wish you had one of these for Wall Street. There’s been plenty of
If you haven’t noticed, it’s been a volatile year in the stock market. In fact, it kind of feels like a roller-coaster ride. If you’ve never been to Disney World, Space Mountain is a space-themed, indoor roller coaster. You’re in total darkness, where you “feel the push and pull of gravity as you soar into
Merriam Webster’s dictionary defines the word “volatility” as a tendency to change quickly and unpredictably. The first known use of the word was in 1626, right about the time the Dutch East India Company came into existence. Abbreviated to “VOC” in Dutch, the Dutch East India Company (VOC), was granted a 21-year monopoly on
Interest rates are on the move; so much so, that the 30-year mortgage rate is more than 4.5% (up from 3.7% a year ago). Not good for mortgage and credit card borrowers, but bond investors are elated. Similarly, the 10-year U.S. Treasury bond pays almost 3% (last year, it was at the 2% level).