MEMBER SIGN IN
Not a member? Become one today!
         iBerkshires     Berkshire Chamber     MCLA     City Statistics    
Search
Home About Archives RSS Feed
The Retired Investor: Moderates Winning on Tax Debate
By Bill Schmick,
04:57PM / Thursday, September 16, 2021
For months, wealthy U.S. taxpayers and corporations have been living with the specter of higher taxes under the Biden administration. It is a pretty good bet that taxes will go up, but not as much as you might expect.   Throughout the week, Democrats in the House and the Senate have been horse-trading over the amount of spending versus the amount of taxes necessary to pay for President Biden's $2.3 trillion budget plan. Republicans are already on record that they will oppose any new tax hikes at all.   Since the Democrats hold such a slim majority in both the House and the Senate, any legislation will need to accommodate both moderates and progressives

0 Comments
Read More >>

@theMarket: Some Brokers Are Getting Bearish
By Bill Schmick,
12:31PM / Saturday, September 11, 2021
For four days in a row, the markets closed down. That is in itself unusual. It has only happened four other times since the March 2020 low. Does this portend further downside in September?   On Friday, the markets tried to bounce back. The damage to the averages has been minimal thus far. But given how far we have come, more and more brokerage houses (Goldman Sachs, Deutsche Bank, and Morgan Stanley, among others) are warning that the September-through-October time frame could see a 10 percent correction. How much weight should you give these gloomy predictions?   If you are a short-term day, or swing trader heed their call, since we are probably overdue for

0 Comments
Read More >>

The Retired Investor: Japan Is Worth a Look
By Bill Schmick,
02:27PM / Friday, September 10, 2021
It has been 30 years since the Nikkei 225 last touched the 30,000 level. However, many investors look beyond this island nation and focus instead on its Chinese neighbor. That may prove to be a mistake.   To some investors, it is the epitome of value investing. Warren Buffet's Berkshire Hathaway made some sizable bets on several Japanese trading companies last year. Japan's stock market is cheap compared to many other markets. But deservedly so, say the bears, since investors have had to put up with years of sluggish growth and perennial deflation.   Japan is home to many well-known companies, (think Sony and Toyota) that have balance sheets flush with

0 Comments
Read More >>

@theMarket: Investors Are Chasing Stocks Higher
By Bill Schmick,
04:17PM / Friday, September 03, 2021
The proverbial Wall of Worry provided plenty of foot holds for investors this week. The major averages continued to make new highs (or hovered just below them), despite bad news and focused instead on anything that could justified higher prices.   The belief that the Delta variant of the coronavirus may be peaking in the worst-hit states was enough to cheer investors. Not that the extremely contagious infection ever had much of an impact on the markets anyway. Still, the hope that Delta has peaked gave added umph to large cap growth stocks.   Helping this summer's move higher was almost $30 billion in fresh money that has come into the market since July. It

0 Comments
Read More >>

The Retired Investor: Non-Fungible Tokens Come of Age
By Bill Schmick,
04:21PM / Thursday, September 02, 2021
Non-fungible tokens (NFTs) have been around since 2014, but I'll bet you haven't heard of them until this year. As part of the crypto craze, these NFTs are commanding millions of dollars in spending and expanding into everything from original art to tacos.   NFTs are digital assets. For those like me, who are old enough to be grandparents, and may still read the newspapers, the concept of a digital asset may not be all that intuitive. "Non-fungible" means that it is a unique asset that can't be replaced with something else.   NFTs are bought and sold online (usually with a cryptocurrency), and stored and encoded in the same way. The

0 Comments
Read More >>

NorthAdams.com is owned and operated by: Boxcar Media 106 Main Sreet, P.O. Box 1787 North Adams, MA 01247 -- T. 413-663-3384 F.413-663-3615
© 2008 Boxcar Media LLC - All rights reserved