It’s all about the choices we make in our lives
As the coronavirus soars across the country, charting a single-day record of 99,155 new cases on Friday and surpassing nine million cases nationwide, tracing the path of the pandemic in the United States is no longer simply challenging. It has become nearly...
Woah! Emergency funds now allowed into a 401K
United Parcel Service Inc. announced on Thursday a plan to offer its 100,000 of its workers a way to save for emergencies within its 401(k) plan, becoming one of the largest U.S. employers to join a trend that reflects concern over the impact of workers’ financial...
Are we really in for another 2020 next year?
In the last few days, Johnson & Johnson’s vaccine study was paused after a volunteer got sick and Eli Lilly & Co.’s antibody study was halted enrollment over a safety concern. AstraZeneca Plc’s vaccine has been on hold since early September. Only Pfizer still...
Revisiting the yield curve – do not ignore it this time around
Last year, the yield curve inverted and sent chills down investors’ spines. Since then, we have indeed fallen into a recession, but one driven by the pandemic. Now, the yield curve is showing what else it can do. Currently, bear steepening has taken hold - which means...
Covid finally nails the President and there is no dismissing it anymore
Following a disturbing Presidential debate, Wall Street was bracing for “what else can go wrong?”. The debate itself was akin to watching a car race where the most exciting moments are the carnage. And there was carnage - American carnage - silliness and crass...
No business plan, no problem!
A blank check company is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person. These companies are...
Caution! Private Equity enters 401K plans
The Department of Labor (DOL) recently issued guidance allowing employers to add retirement funds into their 401K investment lineup that invest in private equity. Private-equity funds, which fall into the broader category of alternative investments, have only been...
TINA – At What Cost?
TINA which stands for “There is no alternative” has had a major impact on stock markets this year to the point where it has become a moniker for strategy adopted by investors. COVID-19 virus has raised the day-to-day importance of many popular companies and investors...
A good life does not mean an easy one
US Debt levels hit a postwar record this week and the debt surpassed 100% of GDP for the April to June quarter. That would put the US in the company of a esoteric few - Japan, Italy and Greece. In the meantime, the Dow briefly topped 29000 before pulling back...