Common Cents Blog
Prior to the pandemic, how often did you think about, let alone discuss, supply chain bottlenecks? After all, what was there to think about? Stuff just ended up on the shelves, somehow. It all just happened.…
“The waiting is the hardest part Every day you get one more yard You take it on faith, you take it to the heart The waiting is the hardest part” Tom Petty After a somewhat…
It had all been going so nicely, hadn’t it? After seven consecutive months of positive returns in the stock market, was it too much to ask for just one more? Apparently it was, as after mostly…
This week, the Federal Open Market Committee (FOMC), the policy making arm of the Federal Reserve, met, and didn’t make any substantive changes to current monetary policy. No one was expecting it to do so. However,…
Earlier this week, House Democrats proposed an increase in the top corporate tax rate from the current 21% to 26.5%, along with a sharp increase in the ‘minimum tax’ on foreign income from 10.5% to 16.6%.…
Would you consider yourself an optimist or a pessimist? Do you see the glass as half-full or half-empty? Are unforeseen setbacks problems or opportunities? Do you find silver linings or dark clouds? Or do you just…
If you are of a certain age, or like listening to the moldy oldie channel, you might recall a song by Herman’s Hermits called “I’m Henery the Eighth, I am.” If so, you know it is…
There has been a lot of red ink in the global stock markets over the last five trading sessions. However, no one will remember this week because of what the S&P 500 did or how the…
Presumably due to the stock market’s strong performance during these bizarre times, people have increasingly been asking me when ‘we’ are going to have a correction. After all, the market can’t just keep going up forever,…
This morning, the Bureau of Labor Statistics (BLS) released “The Employment Situation – July 2021.” I won’t mince words, it was a good report, and better than many were expecting after the somewhat disappointing ADP Employment…