Fed Reserve Meeting
Federal Reserve Meeting Keep in mind Milton Friedman’s description that “Inflation is always and everywhere a monetary phenomenon” In their meeting last week, the Fed decided three things. To lower…
Inflation
What causes inflation? Milton Freidman said, “Inflation is always and everywhere a monetary phenomenon.” This is still true. There are two causes of inflation: Temporary and Permanent. Temporary inflation is…
Evolving
Experience in evolution is something that matters a lot to us. On an investment level, we look for companies that have proven they can excel through changing business environments while…
Built to Last: The Value of Long-Term Thinking
Consistency is key In March 2020 we first began suggesting a looming bull market and reiterated this last year. You may recall from the October letter: “As our readers know,…
Still No Surprises
For over a year we have been writing about the next bull market. A stock market boom based on very positive results by corporations. We see these results as the…
Diversification
The fixed income market, bonds and preferreds, can provide interesting opportunities at times. We took advantage of these opportunities for the initial thirty-eight years of my career. Gradually, over this…