Net income and growing net income, this is the “heart” of our capitalist system. This is why entrepreneurs get up in the morning and go to bed late at night.…
Dialing Hong Kong China has been much in the news of recent. More specifically, President Xi and his pronouncements have captured a lot of newsprint. To many in the markets…
For some there has been for several months a “return to work” hesitancy. Unemployment benefits too generous, Covid worries too great, schools closed and childcare services too hard to find…
Two fundamental forces move equity prices – earnings and interest rates. Of course, there can be other influences like politics, pandemics or wars at any particular moment in time which…
Shortfalls of numerous products and materials have “thrown sand into the workings of manufacturing” around the world and has led to increases in inflation numbers, upsetting central bankers and investors.…
Over our nation’s history, we have had private citizens and businesses issue money. For example, in 1830, 90% of the U.S. money supply took the form of private banknotes. Canal,…
U.S. and global economies are evidencing a strong economic recovery unfolding as people around the world get back to work. Data firm IHS Markit recently reported that its April Services…
Underfoot there has been something of a shift in investment strategies. So far, it is not huge in scope or long in duration – but it has been noticeable. Growth…
Inflation is again becoming a topic of conversation in the markets – especially the bond market. Already bond yields have risen some 40 basis points (BPS) on the 10-year Treasury…