Common Cents & Hysteria on March 6, 2020

March 6, 2020, by John Norris

"When you live in hysteria, people tend to think emotionally." John Mellencamp   While the stock market gets most of the headlines, the recent price action in the bond market has been breathtaking. To most people, the bonds are both boring and obscure. Bonds? Shoot, invest your money; collect your interest, and get your principal back when the thing matures. Right? In a lot of ways, I suppose that really is about it, at least...

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The Coronavirus & Long Term Investing

March 6, 2020, by Sara McPherson

David McGrath Associate Managing Director, Wealth Management   As the reaction to the coronavirus starts to have an impact on consumer and business spending, the expectation of 2020 S&P 500 earnings are falling, and no one has a good handle on exactly what the impact will be. “I don’t know” is not an answer the equity markets like to hear, but that is the best answer at the moment. Hence, the dramatic volatility of the...

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Episode 78 of Trading Perspectives Podcast

March 2, 2020, by Sara McPherson

COVID-19 After an awful week in the markets and the worst few days in DOW Jones history, John and Sam give an update on COVID-19 and how coronavirus fears are impacting the stock market.  How much longer will this continue?     Listen here: Don’t have an iOS device?  We are also available on most major podcast outlets, including but not limited to the ones listed below. Spotify Google Play Stitcher TuneIn

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Episode 77 of Trading Perspectives Podcast

February 24, 2020, by Sara McPherson

Climate Change & Cows Recently, I have seen and read more about activists demanding ‘we’ shift to a plant-based diet. After all, hooved animals, of all varieties (but mostly assumed to be cattle), generate anywhere from 18-50% of the world’s greenhouse gases…depending on the source and report. To that end, a full-grown cow can generate anywhere from 250-500 liters of methane per day, with some estimates as high as 1,000! So, what would the world...

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Common Cents, Lies & Statistics on February 21, 2020

February 21, 2020, by John Norris

"Lies, Damned Lies, and Statistics." Attributed to Mark Twain   This morning, at 5:30 am ET, the Wall Street Journal dropped an article by a Jon Sindreu on its website entitled: “Inequality Isn’t Shareholders’ Fault, But They Can Help Fix It.” The subtitle was: Increase in wealth gap seems to have more to do with managerial pay than corporate profits, creating opportunities for do-good investors. But, hey, we already knew that already, right? We have...

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Common Cents & Cow Killing on February 14, 2020

February 14, 2020, by John Norris

“Without reflection, we go blindly on our way, creating more unintended consequences, and failing to achieve anything useful.” Margaret J. Wheatley   A few weeks ago, I wrote about how well-intentioned actions can have unintended economic reactions, usually negative. This was in response to the ‘eliminate fossil fuels now’ approach climate change activists, like Greta Thunberg, have adopted. Since the US Energy Information Administration estimates US energy expenditures reached 5.8% of GDP in 2017, most...

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Understanding Employee Stock Options

February 14, 2020, by Mac Frasier

What are my options?  Employee stock options can be a great way to build long term wealth and participate in the growth of a company.  However, when it comes time to utilize those options there can often be confusion on what is the best strategy to implement.  While everyone’s approach will be unique to their specific circumstances, hopefully this blog can help you begin thinking more about your options strategy. Stock Options Terminology Before we...

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Episode 76 of Trading Perspectives Podcast

February 10, 2020, by Sara McPherson

The Gig Economy With the growing number of startup companies, the gig economy seems to be on the rise.  Gig type employment has expanded from maids and the kid that cuts your grass to Instagram influencers to uber drivers.  PayPal, Venmo and Zelle make it easy to compensate cash-in-hand types of jobs but ultimately result in an increase in unreported income.  How is the gig economy affecting social security and Medicare?  Is it good or...

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Common Cents & Boring Things

February 7, 2020, by John Norris

"I Like Boring Things" Andy Warhol Long years ago, I was in a group conversation which ultimately led to the following question: “if you could only eat one thing for the rest of your life, what would it be?” While I don’t remember all the answers, I do recall a couple of folks saying filet mignon and twice-baked potatoes. Someone else said lobster with drawn butter, and there was at least one response for Italian...

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The Economy Keeps Creating Jobs

February 7, 2020, by John Norris

In response to a rumor about his death, Mark Twain was supposed to have said: "Reports of my death have been greatly exaggerated." In fact, the actual quote was: "The report of my death was an exaggeration. Either are pretty witty and fairly apropos when describing or discussing the US economy. Despite any number of "bricks in the wall of worry," we just keep chugging along. This morning the Bureau of Labor Statistics (BLS) released 'The Employment Situation...

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