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 […]
There’s a lot more on the line for social media outlets than taking away legal immunity or even breaking them up. Their massive abuse of power must be stopped. Social media outlets are presumed to be neutral parties, allowing for a free exchange of ideas among users. That’s the theory at least, although the practice […]
For all the efforts of the Federal Reserve and Congress to blow up the deflated economy that the lockdown caused, this monster is getting hungry again. To hear Donald Trump tell it, the economic recovery that we have seen over the last 6 months has been monumental. Given how fast and how unnatural the fall […]
Many, including the presidential candidates themselves, overestimate the scope of the office. A more ominous threat to stocks and the economy lies behind the curtain. It’s all too easy to stop at Joe Biden’s campaign platform when it comes to assessing the damage that his being elected president will bring to the stock market and […]
With a little more than a month to go until the big day, and with Joe Biden continuing to maintain a healthy lead, the market’s hope for Trump being re-elected is fading. For those who were hoping to avoid the pounding that their stock portfolios have in store for them should Joe Biden win the […]
In today’s tumultuous times, we are hearing the cry to have more assets in gold to protect us even more loudly than usual. We need to always think first before we leap. On the face of it, it does seem to make sense to consider hedging against losing buying power with hard currencies such as […]
We spend a whole lot of money without really thinking about this much, and also don’t think much about how little we end up saving. It’s time to think about things more. We are as guilty as anyone for focusing so much on what we should do with the money that we set aside to […]