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April 5, 2021
As we lapped the one-year anniversary of the COVID-19 pandemic the U.S. economy and financial markets continued their remarkable turnarounds, propelled by twin turbo engines of easy money policies from the Federal Reserve and over $5 trillion in stimulus packages from Congress with potentially more...
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February 23, 2021
In Greek mythology, Daedalus, and his son Icarus, became imprisoned on the island of Crete. To escape, Daedalus sets himself to building wings made of feathers for both he and his son so they may fly away from the tower holding them captive. As Daedalus was teaching his son to use them, he...
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February 2, 2021
One of the more interesting episodes recently has been the battle between thousands of small amateur traders and a few large professional hedge funds over the fate of struggling companies like GameStock (GME), AMC Entertainment (AMC) and BlackBerry (BB). The hedge funds saw an opportunity to...
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January 5, 2021
If 2020 were a sporting event, investors might have been tempted to head for the exits after the first quarter when the market buckled under the weight of the novel coronavirus COVID-19. But, as the old saying goes, it ain’t over until it’s over. In one of the most remarkable come backs ever,...
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November 12, 2020
It seems appropriate that such a contentious Presidential election would take place in 2020, a year unlike any other. On January 20, 2021, Joe Biden will become the 46th President of the United States unless the Trump administration is successful in its efforts to overturn the results. Many...
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October 6, 2020
2020 has been a year like no other, and we still have three months to go. Thus far we have experienced a global pandemic, the highest unemployment rate since the Great Depression, the largest-ever drop in GDP (gross domestic product), nation-wide civil unrest, devastating hurricanes and wildfires,...