The following first appeared on Money & Markets. I probably don’t need to tell you 2020 has been a rough year for the stock market. Even after a spectacular rally, the S&P 500 is still down close to 20% on the year. And frustratingly for a lot of income investors, high-yielding dividend stocks generally thought of as “safe” were some...Read More
This article first appeared on Money & Markets. It finally happened. On Monday, we saw negative oil prices. The price of West Texas intermediate crude oil dipped into below zero and not by a trivial amount. The price of the front month contract fell below negative $40 per barrel. In movement that should be mathematically impossible,...Read More
The following first appeared on Money & Markets. If you’re reading this, I hope you’re still employed or that your business hasn’t been too badly disrupted. I’ve been impressed by the ability of millions of Americans to carry on business as usual despite the stay-at-home orders and closure of offices. It’s a testament both to modern...Read More
The following first appeared on Money & Markets. I had a good chat this week with a basketball buddy of mine. I realize this immediately raises two questions. And to answer the first one, yes, I am a 40-something white man of average height and sub-average knees, and I play basketball. I’m not claiming to play well,...Read More
