In one of his last major acts as U.S. President, Joe Biden blocked the sale of U.S. Steel to Nippon Steel today, killing a $14.1 billion deal in the process. In his prepared statement, the President…
Thought Leadership
One more tumultuous year down, and a yet another to go. If you don’t have at least a smidgeon of trepidation about 2025, you might be a little too optimistic for your own good. My Economic…
This week, the Federal Reserve surprised no one and disappointed everyone when it cut the overnight rate by 25 basis points (0.25%). Investors had fully expected it. They had NOT expected the relatively hawkish tone of…
Listen to the full episode, here. John Norris (00:30): Well, hello again everybody. This is John Norris, a trading perspective. As always, we have a good friend, Sam Clements. Sam, say hello. Sam Clement (00:36): Hey…
At 1:00 pm CST on December 18, the Federal Reserve announced the Federal Open Market Committee (FOMC) had decided to cut the target overnight rate by 25 basis points (0.25%). This will take the upper band…
As inflation and economic conditions evolve, the IRS regularly adjusts financial thresholds for tax-advantaged accounts and tax exclusions to reflect changes in the cost of living (COLA = cost of living adjustments). These updates impact retirement…
If nothing else, the events of the last couple of years have taught me that American investors apparently don’t bother to read the headlines any longer. I mean, how else can you explain the stock market’s…
Listen to the full episode here. John Norris (00:30): Well, hello again everybody. This is John Norris at Trading Perspectives. As always, we ever good friends, Sam Clement. Sam, say, hello, Sam Clement (00:42): Hi John.…
Just about everyone is probably familiar with the movie Field of Dreams. As you know, it is a better-than-average ghost story about a farmer, Ray Kinsella, in Iowa, who builds a baseball field on his farm.…
My first professional employer was a firm in Baltimore by the name of Mercantile Bankshares (MSD&T). In the early to mid-1990s, it was what you might call the “white shoes” bank and trust department in town,…