Independent Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? Independent Investor/@theMarket Fri, 19 Apr 2019 13:16:05 EDT en-us The Independent Investor: The Cost of Rebuilding God's House http://www.iberkshires.com/blogs/Bill_Schmick?bid=3856 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3856 Thu, 18 Apr 2019 17:04:00 EDT Sometimes a tragedy can bring people together. In the case of the devastating fire that swept Paris' Notre Dame Cathedral, the world wept. But even before the fire was completely extinguished, the business community was already making plans to rebuild the 850-year-old... @theMarket: Earnings Season Cause Markets to Surge http://www.iberkshires.com/blogs/Bill_Schmick?bid=3855 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3855 Fri, 12 Apr 2019 16:48:00 EDT After a week of low volume consolidation, all three averages broke higher on Friday. The bulls are still in charge and seem determined to push stocks back to their all-time highs.   A trigger could be this year's first quarter earnings season, which is upon us, some of the... The Independent Investor: Retirement Savers Could See Positive News This Year (Maybe) http://www.iberkshires.com/blogs/Bill_Schmick?bid=3854 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3854 Thu, 11 Apr 2019 15:55:00 EDT In this acrimonious political environment, little in the way of new legislation is expected to pass both chambers of Congress. One exception may be the Secure Act. Last Tuesday, a key House committee unanimously approved the bill, which would greatly enhance some private retirement... @theMarket: Markets on a Tear http://www.iberkshires.com/blogs/Bill_Schmick?bid=3849 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3849 Fri, 05 Apr 2019 16:22:00 EDT As fearful as investors were back in December, the greedier they have become in April. Investor sentiment is climbing, interest rates are falling, and the Fed is on hold. All we need to push the markets even higher is a trade deal with China. It's coming.   The S&P 500 Index... The Independent Investor: Coffee Prices at 13-Year Lows http://www.iberkshires.com/blogs/Bill_Schmick?bid=3848 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3848 Thu, 04 Apr 2019 16:45:00 EDT A few days ago, arabica coffee futures prices fell to a price they haven't seen since December 2005. But don't expect your morning cup of coffee to reflect those cheaper prices. The coffee business doesn't work like that.   Normally, when the price of a commodity falls... The Independent Investor: The Business of Baseball http://www.iberkshires.com/blogs/Bill_Schmick?bid=3844 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3844 Thu, 28 Mar 2019 16:04:00 EDT Attendance is down, as is viewership, as we head into the 2019 season. Major League Baseball is hoping some rule changes will turn around the decline. Will it be enough, and does it matter anyway?   Defenders of the game argue that last season's declines were to be expected.... @theMarket: Does the Fed Know Something We Don't? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3841 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3841 Sat, 23 Mar 2019 09:55:00 EDT Sometimes too much good news can be interpreted badly. Take the U.S. central bank's about face on monetary policy late last year. That was good news and investors responded by bidding the stock market up by 20 percent. But this week we may have received even better news, or did... The Independent Investor: Will Pot Stocks Go Up in Smoke? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3839 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3839 Thu, 21 Mar 2019 17:29:00 EDT Today, medical marijuana is legal in 33 states, while recreational marijuana is legal in 10 states, plus the District of Columbia. Although there has been progress, little of the recent enthusiasm and hype over pot stocks will come to naught unless the federal government does a major about face... The Independent Investor: Does Our Debt Really Matter? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3832 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3832 Thu, 14 Mar 2019 16:34:00 EDT The country's national debt hovers at historically record highs, as the nation's budget battle begins. It's a pretty safe bet to expect another budget-busting compromise as well as a hefty increase to our already-overwhelming debt load.   At times like this I wonder... @theMarket: Pick Your Poison http://www.iberkshires.com/blogs/Bill_Schmick?bid=3828 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3828 Fri, 08 Mar 2019 16:32:00 EST Investors were greeted on Friday with two nasty surprises. Both occurred in February. Chinese exports dropped by 20.7 percent, while in the U.S., the nation added a dismal 20,000 jobs. As you might expect, the stock market did not take the news well.   What really spooked traders...