Common Cents Blog
Despite everything happening in the financial markets and geopolitics, the biggest news this past week, in my opinion, was the Democratic mayoral primary in New York (the City). Given the overwhelming majority the Democrats have in…
One of my favorite movies is Groundhog Day. Laughingly, I have seen it over and over again. However, as clever as I perceive the movie to be, actually having to relive the same day countless times…
As everyone in the entire world knows by now, or should, Serbian nationalist Gavrilo Princip assassinated Archduke Franz Ferdinand of Austria in Sarajevo last night. Hey, wait a second. That isn’t right. No. Last night, Israel…
Not surprisingly, I have recently fielded a fair number of questions about the President’s so-called “One Big Beautiful Bill” (OBBB). In full disclosure, I have not read the entire bill nor do I intend to do…
This past Saturday night, my wife and I went out with a couple of our friends. They had paid for my birthday dinner a few weeks prior. So, it was our turn to repay the favor…
A couple of weeks ago, my wife gave me an iPhone 14 Plus for my birthday. This was to replace the iPhone 8 I had been using since December 2017. You read that right. The smartphone…
This week, our Investment Committee spent a fair amount of time discussing the longer-term future of the global economy and investment markets. The primary question on the table was whether the United States’ economy will be…
This week, the Federal Open Market Committee (FOMC), the monetary policy making arm of the Federal Reserve, met and didn’t do anything. Well, I suppose the members of the committee discussed and overanalyzed any number of…
We have come to the end of the busiest week of earnings season, and for the most part it was a decent week of earnings. With Apple, Microsoft, Amazon and Meta all reporting earnings this week,…
April has been a wild one in the markets. Apart from some of the panic during the height of the pandemic and the Financial Crisis, this month has been as volatile as any I have seen…