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September 14, 2020
In early September, Apple, Inc., that most creative technology juggernaut, had the distinction of being the first company to reach a market capitalization of $2 trillion. Yes, that is trillion with a “T”. Market capitalization, more commonly referred to as market cap, is the value of a publicly...
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August 13, 2020
Life is full of regrets; it is a part of living. Some are private known only to us and others are public known to the entire world. In thinking of some of the more public regrettable trades, a few quickly come to mind – Babe Ruth, Bret Favre, and Manhattan Island.
A member of three World Series...
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July 9, 2020
Investors entered the second quarter with portfolios battered from the impact of the coronavirus pandemic on the world’s economies and by extension, financial markets. Broad-based equities fell 35% or more beginning February 19 as the global lockdown extinguished millions of jobs and with them,...
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May 8, 2020
May 8th, 2020 marks the 75th anniversary of the end of the Second World War in Europe and is commonly referred to as V-E Day. The war would not officially end for another three months when Japan surrendered on August 15th, 1945, now known as V-J Day. It was the largest, deadliest, and most...
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April 21, 2020
As part of the relief provided by the recently passed CARES Act, the government has suspended required minimum distributions (RMDs) for 2020 – giving up short-term tax revenue in favor of offering much-needed support to retirees. This provision addresses concerns investors have about being forced...
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April 3, 2020
Just as everyone settled in for a long winter’s nap following Fed Chairman Jerome Powell’s late 2019 assessment that our economy was in a very good place and could conceivably grow indefinitely, reports of a novel coronavirus outbreak started coming from Wuhan, a city of 11 million people in...