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With investors focused on short-term losses in the cannabis space this week, it’s no surprise that this bit of news may have been overlooked. The Apple Store, a platform that was previously opposed to cannabis apps, has changed its policy. Apple’s (AAPL) previous policy banned marijuana with controlled substances and tobacco. In the midst of… [Read More]

Jerome Powell and the Federal Reserve Board may or may not raise interest rates in the next twelve months. That’s essentially the message we received after an exhaustive week of conflicting statements from the Fed Chair and St. Louis Fed President Jim Bullard. The confusion comes as no surprise to savvy investors. When the Fed… [Read More]

Bitcoin mining has been declared public enemy number one by environmental lobbyists. It’s been abandoned by Elon Musk for excessive fossil fuel consumption. Senator Elizabeth Warren has openly called for government intervention. The ride is over, folks. Cryptocurrencies aren’t going to disappear, but they do have a rough road ahead. Experienced investors knew this would… [Read More]

Interest rates need to go up. The Fed doesn’t have a choice. Jerome Powell says that these “one-time increases in prices are likely to only have transitory effects on inflation.” With all due respect, that is wishful thinking, bordering on delusion. Obviously, Jerome doesn’t go to the supermarket. Price increases are once a week there,… [Read More]

Corporate and capital gains taxes are going up. Sure, there’s a debate going on about exactly what the numbers will be, but trust and believe that they’ll be much higher going forward than they have been for the past few years. It’s time to look at some tax-deferred investments. Thankfully, the tax increases of 2021… [Read More]

According to the Tax Policy Center, “High marginal taxes can discourage work, saving, investment, and innovation. Specific tax preferences can affect the allocation of economic resources.” That’s the first line of their answer to, “How do taxes affect the economy?” For those gearing up for a political rant, put your sword back in the sheath…. [Read More]

The unstoppable force known as Bitcoin seems to have finally crashed into an immovable object, at least in one small (minded) part of the world. Citing the possibility of “irreparable” damage and transaction risks, the central bank of Turkey has banned cryptocurrency. Tayyip Erdogan struck again, firing the central bank governor and installing a puppet… [Read More]

In his annual letter to JPMorgan Chase shareholders, Chairman and CEO Jamie Dimon expressed both optimism and concern over America’s economic prospects. Although Dimon expects the economy to boom after COVID, he believes the pandemic has revealed deep, systemic flaws that will slow economic growth. For Dimon, the deepest of these flaws has to do… [Read More]

Holiday weekends are a time when old friends and family gather for food, fellowship, and in my case, casual discussions about the stock market. Easter this year was more of the same, with smaller crowds and one notable exception. Everyone is suddenly an investment expert. Free trading platforms, combined with a historic bull market run,… [Read More]

Recovery for commercial real estate this year may be uncertain, but the team at Fundrise doesn’t seem to be concerned. With a diverse investment strategy, the company’s unique approach to raising capital is likely to pay off for investors in 2021. Fundrise is a crowdfunding app for commercial real estate. No big deal, right? There… [Read More]

In the 1980s, Oldsmobile produced the best-selling cars in America. In 2004, the last Oldsmobile rolled off the assembly line and the brand was discontinued. The history of US businesses is filled with similar stories. Does anyone remember Compaq computers? Here’s another name to throw in the hat. RJ Reynolds. Don’t bother looking for them… [Read More]

In 2020, nearly 2 million cases of cancer were diagnosed in the United States. More than 600,000 people died from the disease. 40% of us will be diagnosed with cancer at some point. Surprisingly, cancer rates are highest in the most developed countries. Cancer is a present and very often tragic reality in many people’s… [Read More]