Independent Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? Independent Investor/@theMarket Sat, 23 Feb 2019 17:14:22 EST en-us The Independent Investor: Economic Prosperity in the United States http://www.iberkshires.com/blogs/Bill_Schmick?bid=3817 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3817 Thu, 21 Feb 2019 17:01:00 EST The stock market is once again approaching historical highs. Unemployment is at multi-year lows. Interest rates and inflation, if not at record lows, are close to it. The president claims we are enjoying the strongest economy in our nation's history. Is that true?   The short... @theMarket: Markets Gain on Hope & a Prayer http://www.iberkshires.com/blogs/Bill_Schmick?bid=3815 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3815 Fri, 15 Feb 2019 16:39:00 EST Investors remain cautiously optimistic that the wall of worry that has been plaguing us for months may now be crumbling. That's no sure thing, but at least we did have some good news this week.   While most investors were not expecting a repeat of last month's partial... The Independent Investor: Trump's War on Drug (Prices) http://www.iberkshires.com/blogs/Bill_Schmick?bid=3814 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3814 Thu, 14 Feb 2019 16:19:00 EST For the second year in a row, President Donald Trump called on Congress to do something about the escalating drug prices in America. The president is doggedly pursuing this campaign promise in the face of an army of special interest groups and big drug companies. Hurrah for you, Mr.... @theMarket: Markets Are China Dependent http://www.iberkshires.com/blogs/Bill_Schmick?bid=3808 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3808 Fri, 08 Feb 2019 16:23:00 EST Profit-taking is a natural and expected part of the stock market. That's why no one should be surprised that this week we are witnessing a period of consolidation. It is actually a good thing.   Given that most investors need a reason to explain any market declines, this... @theMarket: The Fed Finds Religion http://www.iberkshires.com/blogs/Bill_Schmick?bid=3803 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3803 Sat, 02 Feb 2019 09:26:00 EST After two years of tightening monetary policy, the U.S. Federal Reserve Bank signaled this week that it was time to put their monetary tightening program on hold. The stock market soared in celebration.   As we closed out the month of January, stocks are gaining. The... The Independent Investor: Europe, the World's Sick Sibling http://www.iberkshires.com/blogs/Bill_Schmick?bid=3801 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3801 Thu, 31 Jan 2019 12:08:00 EST The European Community is beset by worries. Brexit, trade threats, a slowing Chinese economy, and internal politics at home have all conspired to slow growth, employment, and positive sentiment.   This year, the EU will be lucky to see 1.5 percent GDP growth. In fact, the... The Independent Investor: The IRS Has Its Hands Full This Year http://www.iberkshires.com/blogs/Bill_Schmick?bid=3798 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3798 Thu, 24 Jan 2019 17:05:00 EST The government's partial shutdown has everyone on edge this year. Despite assurances from the powers that be, many taxpayers are concerned that their tax returns won't be processed on time. Should you be worried?   One misconception many have is that the Internal Revenue... @theMarket: Markets Retrace December Losses http://www.iberkshires.com/blogs/Bill_Schmick?bid=3791 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3791 Sat, 19 Jan 2019 09:04:00 EST It was a week where lackluster earnings battled with the Fed's willingness to hold off on rate hikes for investors' attention. The Fed won. Investors bought on the dips and helped to push the markets out of correction territory.   From a technical point of view, however, all... The Independent Investor: Pay Gap for Women Is Growing http://www.iberkshires.com/blogs/Bill_Schmick?bid=3790 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3790 Thu, 17 Jan 2019 19:22:00 EST If Citigroup, one of the world's largest banks, is any indication, women earn 29 percent less than their male counterparts. It also revealed that only 37 percent of its managerial jobs were held by females.   Wall Street has long been known as "the last bastion" for... @theMarket: Markets Bounce 10 Percent Since Christmas http://www.iberkshires.com/blogs/Bill_Schmick?bid=3787 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3787 Sat, 12 Jan 2019 10:34:00 EST The stock markets have gained almost one percent per day since the beginning of the year. If you had panicked and sold during the Christmas holidays, you are sitting in cash wondering when to get back in. Here is some advice.   Patience should be at the top of your "to-do"...