Markets got a jolt last week after Federal Reserve Chair Jerome Powell signaled that a rate cut may be coming soon. Speaking at Jackson Hole, Powell noted that “downside risks to employment are rising,” and hinted that monetary policy will need to adjust. Traders took him at his word—the Dow soared over 800 points on the day, and futures markets…
Most of the headlines about artificial intelligence (AI) focus on the winners—companies building the tools, designing the chips, or leveraging automation to cut costs. But every revolution has two sides, and as investors we need to recognize that while AI will create massive opportunities, it will also disrupt—and in some cases devastate—certain business models. Bank of America (NYSE: BAC) and other…
Market jitters returned last week as the S&P 500 fell 2.5%—bringing it to just 1.5% above where it stood back in February. When markets take a dive, the reflexive advice often comes quickly: “Buy the dip!” But should you follow it? Sometimes, buying the dip can be a smart way to pick up quality assets at a discount. Other times,…
With the Federal Reserve holding interest rates steady in 2025 and inflation hovering just below 3%, high-yield savings accounts remain one of the safest vehicles offering real, positive returns. In an environment where stocks are volatile, bonds are mixed, and many investors are holding cash on the sidelines, these accounts can serve as both a parking spot and a source…
I recently spent a few days in Granville, Ohio. It’s a lovely village with a Main Street straight out of a Hallmark Channel movie. The locals are friendly, the sidewalks are clean, and dogs are everywhere. That’s what I expected to see. But what surprised me was what I saw fifteen miles west of there in New Albany. The pastures…
On July 4, President Trump signed into law a sweeping new tax package that locks in—and in some cases expands—many of the provisions from the 2017 Tax Cuts and Jobs Act (TCJA). While the headlines have focused on the extension of lower tax rates, there’s a lot more buried in the fine print. And while some parts of the law…
In an era when political debates make middle school assemblies look like Mensa meetings, it’s no wonder investors are looking for something—anything—reliable. Enter the dividend. Dependable. Predictable. Comforting, even. Like a warm cup of decaf in a world that runs on espresso and outrage. But don’t let that siren song of a 12% yield lull you into financial narcolepsy. Sometimes,…
If nothing else, a large stockpile of excess cash tells us that a company literally generates more profit that it can spend, which isn’t exactly a bad sign. And regardless of which path the economy takes, they will be in a better position to respond. Should the financial markets suffer some type of shock, there’s nothing more buoyant than U.S…
For many retirees, the biggest financial challenge isn’t how to grow their nest egg—it’s how to avoid outliving it. That makes the retirement withdrawal strategy just as important as the accumulation phase. Unfortunately, far too many people enter retirement with a vague plan—or worse, no plan at all—about how they’ll draw down their savings. What’s needed is a thoughtful, flexible…
Research & development (R&D) is often referred to as the lifeblood of a company. And for good reason. Without enough ideas circulating through the system, even powerful market leaders can wither up and die. By contrast, forward-looking organizations with a culture of innovation typically find ways to elevate their products, engage customers, and generate market-beating returns for shareholders. I classify…