by wpadmin | Apr 29, 2025 | Uncategorized
As we come to the end of the first 100 days of the Trump administration and look for clues for the remaining 1,360 days of his term, it is becoming obvious that the effort to remake world commerce by leveling tariffs on our trading partners has been less than a total...
by wpadmin | Mar 14, 2025 | Uncategorized
Ever since the new administration was sworn in on January 20, there seems to be a rising tide of actions designed to obfuscate what is going on. Based on those appointed, it would appear at least some of the actions are to detract from the fact that the Heritage...
by wpadmin | Feb 10, 2025 | Uncategorized
There are various yardsticks used to estimate the direction of the stock market for a given year based on the performance of the stock market in January. Some people take the first ten trading days as direction. Others use the entire month.Mark Hulbert has been...
by wpadmin | Jan 13, 2025 | Uncategorized
As this paper is being written prior to the installation of the new administration, it was decided to focus on two aspects of the Trump philosophy: tariffs and immigration. Most people, to the extent they understand either topic, do not connect with them. They are...
by wpadmin | Dec 11, 2024 | Uncategorized
We are at this writing at record levels for most of the stock indexes. The line of greatest credibility for the forecasting profession is to predict an extension of this trend into the future. If only it were so easy. The first year of a presidential term is usually...
by wpadmin | Nov 12, 2024 | Uncategorized
At this writing Donald Trump has won the election and control of the Senate is now in republican hands. The House is still being tabulated. However, as mentioned last month the financial markets will be driven by how Trump deals with the pressing issues of the day,...
by wpadmin | Oct 16, 2024 | Uncategorized
As we enter the final stretch for the presidential elections in November, all manner of datais being thrown around trying to make one candidate look better than another. Harris is accused of handing out more presents than Santa Clause. Trump wants to cut taxes on the...
by wpadmin | Sep 13, 2024 | Uncategorized
Last week the stock of Dollar General declined over 25 percent in one day. The reason was reported to be earnings that were reported below consensus and a subdued outlook. Other dollar chains such as Dollar Tree declined in unison. The prior investment case for Dollar...
by wpadmin | Aug 8, 2024 | Uncategorized
Investing in 500 stocks sounds like diversification. If one goes down, the other 499 perseveres. This is not exactly the way the S&P 500 works. The index is weighed by capitalization which is defined as the price per share times the number of shares outstanding....
by wpadmin | Jul 17, 2024 | Uncategorized
Last May, Starwood Investors placed a limit on the monthly withdrawals from its private commercial real estate funds it manages. It did so to avoid having to sell assets at a loss to meet redemptions. Starwood manages about $10 billion in assets in what is estimated...
by wpadmin | Jun 10, 2024 | Uncategorized
The annual meeting of Berkshire Hathaway has been dubbed the “Woodstock of Capitalism”. People flock from all over the world to attend the event, held on the first Saturday in May in Buffet’s hometown of Omaha, Nebraska. It is covered live by CNBC, the one...
by wpadmin | May 8, 2024 | Uncategorized
In 1949 there was, like today, a shortage of affordable housing. Soldiers were returning from abroad eager to start families, but there was little to no housing available. This was due to the imbalance of supply and demand which led to a strong undercurrent of...
