Since the covid-19 bear market bottomed on 3/23, the S&P 500 has increased by 60%. The bounce-back has been significant in breadth and trajectory. Today, Biden’s first business day as President-Elect is being welcomed by Main Street and Wall Street alike. Biden’s Blastoff appears to have been ignited by the lessening of election anxiety andread more Biden Blastoff → 11.09.20
Asset Allocation When it comes to saving and investing, I’ve learned over the course of my 35-year career as a financial advisor, entrepreneur, and professional investor, that diversification matters significantly. Which assets should prudent players focus their time, energy, and resources on? The National Bureau of Economic Research Rate of Return on Everything has been tabulating returnsread more What’s the Best Investment?
Stocks have fallen by 9%, is now the time to bolt or buy?read more S&P 500 ↓9.1%
U.S. Gross Domestic Product which measures the output of all goods and services approximates $21.5 trillion annually. Of that, consumers, you and I, account for nearly 70% of total output. So, if household spending is our nation’s primary driver or economic growth – how indebted is the household sector as a percentage of income? Ironically,read more A Closer Look at Household Debt
The Marijuana Opportunity Reinvestment and Expungement of 2019 or M.O.R.E. for short, is a bill expected to be voted on by Congress this year to decriminalize cannabis, aka, marijuana. In 1970, President Nixon signed into law the Controlled Substances Act forbidding any use of cannabis including medical in the United States. Remarkably, or unremarkably, dependingread more Cannabis High or Bust?