Possibly? Maybe? Could the Iran War finally be coming to an end? It looks like that way, with emissaries from Washington and Tehran expected in Switzerland tomorrow to sign a memorandum of understanding (MOU). The preliminary two-page document sets the framework for the next phase of negotiations, where the two… Read More
Archive
Filter
And it might be headed higher Read More
Does 1,000% dividend growth get your attention? How about a total return of 10,000% Read More
Oh, to be a fly on the wall. Jamie Dimon, Brian Moynihan and Charles Scharf were all in attendance at an investment symposium in New York earlier this week. That’s the financial equivalent of Tom Cruise, Samuel L. Jackson and Scarlett Johansson all seated around the same table for a… Read More
Sadly, Warren Buffett has stepped down from his daily role as the CEO of Berkshire Hathaway (NYSE: BRK-A). But the spry nonagenarian continues to act as a highly influential company Chairman. His fingerprints are all over the recent unwinding of many long-held positions. Berkshire liquidated another $24 billion in stocks… Read More
Several of you have left comments in the “Stock Talk” Forum regarding the sale of our position in Whirlpool (NYSE: WHR). Fully expected – that’s what it’s there for. But rather than respond to each individually, I thought it might be easier to send out a brief update. The hardest… Read More
6.0% That was the year-over-year increase in the Producer Price Index (PPI) last month. Economists had been expecting a 4.8% bounce, and the final number came in much hotter. For the month, prices climbed 1.4% in April, double the 0.7% uptick in March. This gauge measures unfinished goods and services… Read More
A market downturn is coming… it’s only a question of when. That’s not a prediction, per se. It’s simply an acknowledgment that since 1928, we have endured a bear market every 4 to 5 years on average. Incidentally, the last occurrence was a 25% pullback beginning in January 2022. You… Read More
The calm before the storm. In case you missed last week’s update, first quarter earnings growth among S&P 500 firms has been tracking north of 13%. That figure has since been nudged upward to 15.2%, with dozens more earnings beats flooding in over the past few days. But today is… Read More
That’s a new record. The S&P 500 has tacked on another 30 points today, inching further into uncharted territory above the 7,140 level. The Nasdaq has also set a new high-water mark, having fully recouped the losses from a swift 10% correction back in late March. That doesn’t mean the… Read More