Thanksgiving is just a few short weeks away, and I’m already dreaming about my mother’s turkey and dressing. She is a wonderful cook, as were both of my grandmothers. Sadly though, culinary talents must be learned – they aren’t genetically passed along in the gene pool. My kitchen skills are… Read More
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Editor’s Note: this section of the newsletter is dedicated to stocks that are poised to start putting more cash in stockholders’ pockets. I scan the market for potential dividend hikes over the next several weeks, as well as noteworthy special distributions on the horizon. I give special attention to outsized… Read More
The check is in the mail. Well, maybe not. According to ratings agency Fitch, there has been a troubling surge in car note delinquencies, particularly among subprime borrowers. Within this group, the percentage running 60 days (or more) behind has climbed to 6.4%. While that figure doesn’t sound extreme, it… Read More
Unconventional, but effective. Read More
Imagine walking into a supermarket and limiting your shopping to the even-numbered aisles, ignoring everything in those with an odd number. Statistically speaking, you’ll be able to fill your basket with about half of the items you need. Maybe you can cross bread, milk and pancake syrup off the list,… Read More
Declining payrolls. Expanded tariffs. A federal government shutdown. You know, just another topsy-turvy week for investors. On Wednesday, payroll processor ADP released a sobering job market report showing that the private sector shed 32,000 jobs in the month of September. August’s numbers were revised sharply downward as well, from an… Read More
I remember the hoopla when the Dow Jones first hit the 10,000 milestone. Like a baseball slugger closing in on a new homerun record, the venerable market barometer had been inching ever closer to that fateful mark, earning anxious cheers from the investing public. It finally crossed the line in… Read More
Good news. According to S&P Dow Jones, stock buyback expenditures among S&P 500 companies dropped to $234 billion last quarter, down from a record-breaking $294 billion in the first fiscal quarter. That’s a decline of 20%. So why is that good news? Because buybacks only make economic sense when stocks… Read More
33%. One-in-three. According to a comprehensive study, that’s the percentage of U.S. millionaires whose annual wages have never once reached the $100,000 level. You might find that a bit surprising. While $1,000,000 doesn’t have the same buying power it once did, it’s still an important financial milestone. The term alone… Read More
This Steady Preferred Stock Could Provide Some Cushion in a Downturn Read More