For the past 14 years, American Corporations have received an incredible boost in earnings. An increase may have contributed up to one-third of their profit growth over the past 14 years. Our story began in the Financial Crisis of 2008. At least one of the country’s significant money-centered banks, Citibank…

Have you ever been lost in the woods? The first thing you want to know is your exact current position. Once you figure that out, and it may not be easy, then determining your way home becomes relatively simple. Tomorrow we’ll get the best coordinates of where this economy is…

One of the critical skills for any investor, or anyone in finance, is to comprehend momentum. Where the markets are headed, in simplest terms, you don’t want to be bullish stocks are headed down (a bear market). And you don’t want to be short when stocks rise. Having a feel…

Speaking before the United Nations last Wednesday, President Biden referred to the Ukraine War as brutal and senseless. More than a few investors might have thought he was referring to the stock market, which has seen its worst performance in years. The Dow Jones Industrial Average is down more than…

I’ve watched, for several weeks, as the country’s concern over Inflation has grown. Throughout the year, public opinion polls have ranked Inflation as the number one or two issue on people’s minds. Inflation is often the number one story on hourly newscasts. …

I grew up in Santa Barbara, California. A town with a rich Hispanic heritage that goes back to its discovery by Juan Rodriguez Cabrillo in the 16th century. So for birthdays, we adopted the Mexican tradition of the Pinata. We hung paper-mache toys above the head of the birthday boy…

At 2 o’clock this afternoon, eastern time, the Federal Reserve will announce its latest move in interest rates. Their objective is to curb this runaway inflation that we’re experiencing. So, what is inflation? How will raising interest rates help stop inflation? The basic definition of inflation is too many dollars…

He lacks the rhetorical polish of Winston Churchill. And indeed, he hasn’t the mantel of victory that the British Prime Minister had following World War II. But last week, Vladimir Putin delivered a message that was, I’m afraid, as prophetic as Churchill’s Speech 75 years ago in Fulton, Missouri. Called…

The year was 1929, and the place was the Rose Bowl. The two best teams in college football met in an epic contest. It was the Golden Bears of the University of California versus the Rambling Wrecks from Georgia Tech. Tech was driving for a touchdown in the second quarter…