March 22, 2024
“While inflation is 10 times higher now than 60 years ago, home prices are 24 times more expensive, a new study found…. In reality, the cost of a typical house in the U.S. is closer to half a million dollars. The median… Continue Reading…
January 29, 2024
“Chaos, Fury Engulf Los Angeles Times in Historic Cuts to Newsroom” “…Barely 24 hours after billionaire owner Patrick Soon-Shiong imposed more than 115 job cuts, reducing about 20% of the newsroom, staffers arriving at the paper’s offices in El Segundo… Continue Reading…
February 23, 2023
“EDITOR’S NOTE: The prospect of inflation is looming large in the minds of investors and economists around the world. With prices of goods and services on the rise this year, many are wondering if we are on the cusp of… Continue Reading…
September 8, 2022
“… Durable Dividends These are among the energy companies in the S&P 500 that increased their dividends in consecutive years earlier in the pandemic. Company / Ticker Recent Price Recent Yield YTD Return Market Value (bil) Exxon Mobil / XOM… Continue Reading…
October 25, 2021
“The Chairman and CEO of Berkshire Hathaway, during a 2015 shareholder meeting, noted that: “The best businesses during inflation are the businesses that you buy once and then you don’t have to keep making capital investments subsequently,” while you should avoid… Continue Reading…
September 29, 2021
“JPMorgan CEO Jamie Dimon said that Bitcoin may rise 10 times in price in the next five years. The long-term Bitcoin critic also warned that it would be foolhardy to borrow money to buy Bitcoin. Recently, the bank moved to… Continue Reading…
February 13, 2021
I’ve said this in previous articles. I don’t think the economy is going to do well for the foreseeable future. I also think it’s going to get a lot worse before it gets better but never fear I have some… Continue Reading…
January 20, 2021
“Already this year, nine stocks in the Nasdaq 100, including techs Applied Materials (AMAT) and LAM Research (LRCX) plus consumer discretionary Tesla (TSLA), are up more than 15%, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith. That’s roughly 15 times greater… Continue Reading…
July 22, 2020
“Margaret Keane has been in the credit card business for 40 years and she’s seeing something she never expected: There’s mass unemployment, yet Americans are paying their bills on time. In normal times, that’d be good sign of financial responsibility.… Continue Reading…
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