The Retired Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? The Retired Investor/@theMarket Tue, 27 Sep 2022 17:46:52 EDT en-us @theMarket: Stocks Drop as Fed Delivers Same Dire Message http://www.iberkshires.com/blogs/Bill_Schmick?bid=4299 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4299 Fri, 23 Sep 2022 15:25:00 EDT It was another "read my lips" moment for equity investors. Federal Reserve Chairman Jerome Powell out hawked the hawkish as he reiterated the Fed's tightening stance on monetary policy after the Federal Open Market Committee meeting on Sept. 21.   That should come as... The Retired Investor: The Dishwasher Debates http://www.iberkshires.com/blogs/Bill_Schmick?bid=4298 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4298 Thu, 22 Sep 2022 16:12:00 EDT In most new homes there is a litany of appliances that buyers almost automatically purchase, one of which is the dishwasher. While ovens, refrigerators, washers, and dryers are used almost daily, the dishwasher is among the least-used appliances in American homes.   The global... @theMarket: Consumer Price Index Triggers Market Decline http://www.iberkshires.com/blogs/Bill_Schmick?bid=4297 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4297 Fri, 16 Sep 2022 15:33:00 EDT Sticky inflation, as represented by Tuesday's Consumer Price Index (CPI), caught most investors off guard. The resulting equity market rout drove the three main averages down over 4 percent. It was the worst market day in more than two years. Is the selling over?   I doubt it.... The Retired Investor: Too Late to Stop Climate Change? http://www.iberkshires.com/blogs/Bill_Schmick?bid=4296 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4296 Thu, 15 Sep 2022 16:31:00 EDT Invest in energy infrastructure now. Our grandchildren's future depends on it.   The argument over climate change has been going on for years. Disagreement over how bad the effects will be, how long we have left to act, and, how much needs to be spent in combating this... The Retired Investor: Where Have All the Workers Gone? http://www.iberkshires.com/blogs/Bill_Schmick?bid=4295 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4295 Thu, 08 Sep 2022 16:47:00 EDT Help wanted posters continue to populate storefront windows in a multitude of service-related businesses across the nation. The U.S. has 3 million more job openings than it did before the pandemic. This labor imbalance is entering its third year. Why has it been so difficult to... @theMarket: September Is Tough Month for Equities http://www.iberkshires.com/blogs/Bill_Schmick?bid=4294 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4294 Fri, 02 Sep 2022 14:52:00 EDT Since 1928, the S&P 500 Index has lost ground in September more than 55 percent of the time. It looks like this year will be true to form.   It is called "The September Effect" and no one market or news event has been responsible for this anomaly. Some attribute the... The Retired Investor: The Supreme Court Loves Business http://www.iberkshires.com/blogs/Bill_Schmick?bid=4292 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4292 Thu, 01 Sep 2022 17:55:00 EDT Over the past seven decades, the U.S. government has embraced business. Both political parties and their leaders have continued and expanded a broad, business-friendly agenda. However, the judiciary tops the list when it comes to ruling in favor of American business.   In fact, the... @theMarket: Bad News from Jackson Hole http://www.iberkshires.com/blogs/Bill_Schmick?bid=4293 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4293 Sat, 27 Aug 2022 16:11:00 EDT Federal Reserve Bank Chairman Jerome Powell set investors straight at the Fed's annual Jackson Hole symposium. He said the job of lowering inflation is not done, and that the Fed will continue to raise interest rates in order to slow the economy.   "We must keep at it until... The Retired Investor: Consumers Get Price Relief on Beef http://www.iberkshires.com/blogs/Bill_Schmick?bid=4291 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4291 Thu, 25 Aug 2022 17:00:00 EDT Many consumers have changed their diets over the last two years consuming more chicken, pork, and fish and less beef. Driving this substitution have been the stratospheric increases in meat prices. The good news is that high-end beef cuts are now dropping in price.     As... The Retired Investor: The Beloved Baseball Glove http://www.iberkshires.com/blogs/Bill_Schmick?bid=4290 http://www.iberkshires.com/blogs/Bill_Schmick?bid=4290 Thu, 18 Aug 2022 17:00:00 EDT Baseball continues to be one of the most popular youth sports in North America. More than 3 million kids in the U.S. play the game and about 10 million children play worldwide. They are not alone. In 2022, approximately 20 percent of Americans between the ages of 18 and 64 also play baseball,...