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Wealth Inequality

We constantly read in the news about the one-percenters; i.e. those people whose annual salaries place them in the top one percent of all Americans. I just read this article about the income gap being the largest it has been since the 1920’s. It is an interesting article so I have attached the...
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Student Debt Worries

Because my daughter is now attending college the issue of student loans has moved to the forefront of my financial planning. I have said for the past year that I think the next financial bubble to burst will be the student loan bubble that continues to increase in size. When that bubble will burst i...
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Markets on a Wild Ride (Again!)

Last week the U.S. and China broke off trade talks after President Trump tweeted that China was reneging on parts of the deal that had already been agreed upon. On May 10th the U.S. raised tariffs on $200 billion of Chinese goods from 10% to 25%. China retaliated by imposing tariffs on $60 billion o...
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Whipsawed

Whipsawed! That is how I feel after the actions of the stock markets over the past few days. On Monday, December 3rd, the Dow Jones Industrial Average rose over 287 points (1.13%) on positive news about the US-China tariff war coming out of the G-20 meeting in Argentina over the weekend. It appeared...
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Seven Key Traits of Buffet’s Greatest Picks

Recently I wrote about the latest changes that Warren Buffet of Berkshire Hathaway was making in his portfolio. I ran across an article today that discusses the seven key traits of Warren Buffet’s stock picks. I thought that people might find it interesting. Please note that I in no way endors...
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Warren Buffet’s Latest Investments

With all of the volatility that has been in the market recently I thought I would look at how one of the greatest investors of all time, Warren Buffet of Berkshire Hathaway, has been managing his investments. In the most recent securities filing it was noted that Berkshire Hathaway has been building...
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Energy Market

The Energy Information Administration reported on 11-1-2018 that the US has become the world’s largest producer of crude oil. This moves the US ahead of Russia. The US produced more than 11.3 million barrels a day in August, 2018, a four percent increase over the record set in July. I remember...
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Third Quarter 2018 Investment Performance

The S&P 500 Index rose by 7.2% in the third quarter of 2018, its best performance since 2013. The Dow Jones Industrial Average rose by 9% while the technology heavy Nasdaq Index grew by 7.1%. All three indices closed within about 1% of their all-time highs. Much of the growth in the indices thi...
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High Expectations

The third quarter 2018 earnings reports begin in earnest at the end of this week. According to Thomson Reuters, corporations expect their earnings to grow 21.6% above last year’s level. This is lower than the 24.9% rate of growth in the second quarter of 2018. There is a growing concern that while...
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