Independent Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? Independent Investor/@theMarket Fri, 27 Apr 2018 04:58:30 EDT en-us The Independent Investor: The Opioid Effect http://www.iberkshires.com/blogs/Bill_Schmick?bid=3635 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3635 Thu, 26 Apr 2018 18:29:00 EDT Opioids are killing us. Both literally, as well as from an economic point of view. The economy has already suffered over $1 trillion in lost potential and those losses appear to be growing by the hour.   Last year, 62,000 Americans fatally overdosed on some form of opioid. It is... @theMarket: Earnings Up; Stocks, Not So Much http://www.iberkshires.com/blogs/Bill_Schmick?bid=3631 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3631 Fri, 20 Apr 2018 15:00:00 EDT Earnings season kicked off last Friday with the bank results. The numbers were stellar, but the stock prices of those companies fell hard. Since then, the same thing has occurred to any number of companies. What is going on?   At first, you might think it's classic "sell on... The Independent Investor: Why the Tax Cuts Are Unpopular Among Americans http://www.iberkshires.com/blogs/Bill_Schmick?bid=3629 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3629 Thu, 19 Apr 2018 16:12:00 EDT Despite spending big money and all the marketing they can muster, the Republicans are still not able to convince most Americans that the tax cut benefits anyone but the rich and the corporations they own. Maybe, we are not as dumb as they think we are.   An April poll by Gallup... The Independent Investor: The Facebook Fallacy http://www.iberkshires.com/blogs/Bill_Schmick?bid=3626 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3626 Thu, 12 Apr 2018 16:47:00 EDT After a grueling two-day inquisition before both houses of Congress, Mark Zuckerberg, the founder of Facebook, has left the building. The question is how much did anyone really learn about the privacy issues of this social media behemoth?   As most readers are aware, the present... @theMarket: The Trump Trade Bluff http://www.iberkshires.com/blogs/Bill_Schmick?bid=3624 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3624 Fri, 06 Apr 2018 16:23:00 EDT This week, our fearless leader upped the ante on the tariff tiff with China. It went like this: Trump announced his list. China announced theirs. And at the end of the week, the president sees them one better. Aside from the volatility, it is causing in the stock markets, not much besides... The Independent Investor: Free Trade Vs. Fair Trade http://www.iberkshires.com/blogs/Bill_Schmick?bid=3622 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3622 Thu, 05 Apr 2018 16:50:00 EDT In today's world, talk of tariffs is part of daily news headlines. Politicians use terms like "free" and "fair" almost interchangeably in discussing trade to justify their position for or against tariffs. Maybe it's time to review the difference between the two... @theMarket: Will April Be Better for the Markets? http://www.iberkshires.com/blogs/Bill_Schmick?bid=3619 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3619 Fri, 30 Mar 2018 16:36:00 EDT It has been a tough month for stocks and February wasn't much better. Granted, it was a small price to pay for last year's great gains, but, as in life, all good things must come to an end. Will April bring more of the same for us or can we hope for something better?   Much... The Independent Investor: Financial Planners Held to Higher Standard http://www.iberkshires.com/blogs/Bill_Schmick?bid=3618 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3618 Thu, 29 Mar 2018 16:13:00 EDT The Department of Labor's fiduciary rule looks "iffy" at best, thanks to a March court ruling. The 5th Circuit Court of Appeals says the agency exceeded its authority in insisting that financial services firms act as fiduciaries when giving advice to most tax-deferred savings... @theMarket: Trump's Trade Wars Sink Markets http://www.iberkshires.com/blogs/Bill_Schmick?bid=3614 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3614 Sat, 24 Mar 2018 08:55:00 EDT World markets declined again this week. Despite world condemnation, which included most of America's economists and corporations, Donald Trump unilaterally forged ahead in implementing his own brand of protectionism. Investors fear the consequences.   While tariffs on imported... The Independent Investor: Medicare Premiums and Your Income http://www.iberkshires.com/blogs/Bill_Schmick?bid=3615 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3615 Thu, 22 Mar 2018 16:04:00 EDT We all know that Medicare is not free. Once we enroll in Part B and D, we start paying monthly premiums. What many consumers fail to realize is that how much you pay depends on how much you make.   For most of us, this is a moot point. We assume that we will be retiring at 65 years...