About Those Profits

Small company stocks are down roughly 25% YTD. They’re down closer to 30% from their lofty November 2021 heights. That’s making some folks, including myself, take a second look at overlooked smaller companies listed on the exchanges. On some measures, in...

Getting the Recession They Want

The chair of the Federal Reserve, Jerome Powell, appeared before the U.S. Senate Banking Committee yesterday (6/22/2002). He acknowledged that a recession could result from the Fed’s battle against inflation. “It’s certainly a possibility,” he...

Is the Worst Behind Us?

How scary is the “double whammy” of higher inflation and higher borrowing costs? Businesses have never been more pessimistic about the near-term future. Companies may be taking their cues from consumers. In particular, people are unlikely to spend on...

Never Say Never?

There are those who believe that the U.S. can avoid an economic downturn while simultaneously battling a 40-year high in the inflation rate. The problem? There has never been a time when annual inflation has been reined in by more than two percentage points without a...

Coming Unglued

The Federal Reserve electronically created close to $5 trillion for the U.S. government to hand out in the pandemic. Here in 2022, we are seeing the consequences of our government’s money printing gone awry. For instance, 2020 investors “took advantage” by...