News

I am sure by now everyone has seen or heard about the GameStop Mania. GameStop is a video game retailer that operates mostly in malls and the stock has been going up hundreds of percent a day. To understand what’s going on, let’s take a step back.

Previously, we made the case that time in the market is more important than timing the market. We talked about how investing at all-time highs doesn’t have to be losing proposition. The following video looks at what happens if you picked the absolute worst times to invest – how would that have turned out for…

J.P. Morgan put together the following chart that looks at the past 32 years in the stock market to show what it looks like to invest when the market is at all-time highs. It shows that investing at all-time highs does not necessarily mean you missed the market or that it must be a losing…

In 2009, following the Great Financial Crisis, the United States had the largest federal budget deficit since World War II at 9.8% of GDP. This year, we are going to beat that record by A LOT. Estimates from the Congressional Budget Office forecast this year’s budget deficit to be approximately 18% of GDP. These estimates…

With the election behind us, the prevailing thought is that it will be President Biden and a Republican Senate. The market has embraced a divided government and continues to do well. On a more important note, Monday morning, Pfizer announced a vaccine that is 90% effective. This is more effective than most experts had hoped…