Dec 17th, 2020If I Had to Own Only One Stock Going Into 2021, This Would Be It
“Why, when I was your age, inflation – and my mortgage -- were running at double-digit rates.” Unfortunately for me (but fortunate for my grown children, I suppose), I won’t be giving that diatribe at the family holiday gathering this year because, well, COVID-19. I’ll save the speech until next December, by which time I’m guessing the “i” words – inflation and interest rates -- will be more of a thing. The signs are already there, as contributor Dave Sterman points out, and there’s no better time to prepare for that eventuality than now...
Read Article
Sep 21st, 2020A Surprising Winner in the Pandemic Plays
The US stock market has been on a roller coaster ride in recent weeks. At the beginning of this month, both the S&P 500 and the Nasdaq 100 shot to new all-time highs, each way above their pandemic-induced lows. By the time these major indexes scaled the wall of worry above the March lows, the S&P was up 65%, and the Nasdaq a full 87% in just a few short weeks.
Read Article