At its March 15–16 Federal Open Market Committee (FOMC) meeting, the U.S. Federal Reserve raised its federal target funds rate by a quarter point. It was the first increase since December 2018, but it wasn’t a huge surprise. Fed...
And just like that, two years have passed since the spring of 2020. Two years since none of us had a clue how long COVID would linger … or how quickly today would arrive. Time can confound us that...
Wow, what a crazy year. If there was ever going to be a year to prove, once and for all, that the prognosticators and so-called financial gurus cannot consistently predict near-term future market performance, 2021 brought that message home...
Well, the nightmarish month of January is finally over. What a month it was, with the stock markets reeling because of concerns about China’s economic growth rates and falling oil prices. Fortunately, stocks ended the month with a big...