Independent Investor/@theMarket http://www.iberkshires.com/blogs/Bill_Schmick? Independent Investor/@theMarket Sat, 23 Mar 2019 13:43:38 EDT en-us @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... The Independent Investor: A Nation United in Debt http://www.iberkshires.com/blogs/Bill_Schmick?bid=3827 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3827 Thu, 07 Mar 2019 16:16:00 EST About a month ago, the national debt topped $22 trillion for the first time. What's more, it only took a year to tack on another $1 trillion. Unless we do something soon, we could see those kinds of yearly borrowing double within the next decade.   Let's define U.S. debt as... @theMarket: Stocks on Hold http://www.iberkshires.com/blogs/Bill_Schmick?bid=3824 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3824 Fri, 01 Mar 2019 16:26:00 EST February delivered good gains for the markets. All the main averages were up, continuing January's climb toward the old highs. This week, momentum stalled a bit, indicating that investors need more good news to continue buying.   A China trade agreement (or lack thereof) still... The Independent Investor: Veterans on Receiving End of Trump Administration http://www.iberkshires.com/blogs/Bill_Schmick?bid=3821 http://www.iberkshires.com/blogs/Bill_Schmick?bid=3821 Thu, 28 Feb 2019 16:47:00 EST In the 2019 fiscal budget, the Department of Veterans Affairs received more than $200 billion in spending. That's a 6 percent increase over last year and counts as the largest amount ever received by the VA. The money will go a long way in implementing an array of much-needed... 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....