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@theMarket: Fed Signals Equities 'All Clear' But Markets Don't Care
By Bill Schmick,
03:58PM / Friday, April 30, 2021
Investors were bolstered by the Fed's message this week. Low interest rates and monetary stimulus will remain pillars of the nation's economic recovery for as long as it takes. Investors were comforted, but not enough to materially move stocks higher.   It was indicative that despite bullish news on a variety of fronts, investors ignored the good and focused on the negatives. First quarter earnings results, for example, have been better than good, but not enough to satisfy the bulls. Apple smashed earnings estimates, sending its stock price higher in after-hours trade, but the next day it finished down. It has been the same story for many of the market's winners.

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The Retired Investor: Empty Oceans
By Bill Schmick,
04:06PM / Thursday, April 29, 2021
Oceans cover more than two-thirds of the earth's surface. For centuries, these bodies of water have supplied us with a bountiful harvest of ocean wildlife and millions of well-paying jobs. Unless something changes, however, the future of fisheries is in serious jeopardy.   The demand for fish is growing with aquaculture trends reaching a growth rate of 527 percent from 1990 to today. At the same time, fish consumption has doubled as well.   Declining fisheries, the destruction of the marine habitat, and the near-depression-like economic conditions of more and more coastal fishing communities, is no surprise to most of us. It has been going on for decades.

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@theMarket: Stocks Hit With Possible Tax Hike
By Bill Schmick,
04:29PM / Friday, April 23, 2021
It was a losing week for stocks. Most of the blame can be pinned on a proposal by the Biden administration to double the capital gains tax on investments. It is not official yet, but investors are counting on an announcement next week.   Before you hit the sell button on all those huge capital gains you have accumulated over the last few years, know the facts. Right now there aren't any. What we do know is that Joe Biden ran his winning presidential campaign on increasing taxes on the rich and on corporations. He plans to do just that, so it should not be a surprise to investors.   This proposal, if true, would impact the top 0.3 percent of Americans. For

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The Retired Investor: Our Hospitals Are in Trouble
By Bill Schmick,
04:13PM / Thursday, April 22, 2021
COVID-19 effectively put a halt to most elective surgeries. As the nation gets vaccinated, however, medical authorities have given the all-clear to resume those surgeries. But will patients come back?   The answer to that question is important to the nation's hospitals, whose bottom line has suffered as much as, or even more than, most of their patients. Last year, hospitals were forced to shut down surgery in order to create capacity for skyrocketing cases of the coronavirus. But even after beds opened up again (as a result of the reduction in new, serious Covid-19 cases), most patients are still putting off surgery, concerned that they might catch the coronavirus

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The Retired Investor: A Highway of Opportunity
By Bill Schmick,
04:12PM / Thursday, April 15, 2021
Most Americans seem excited and hopeful about the prospects for the Biden Administration's infrastructure plan. Local politicians as well as their construction buddies are salivating at the possible promise of getting their share of this multi-trillion-dollar prize. But looking beyond the pork barrel, we might want to consider how innovation and technology could help America regain its first-class status in infrastructure.   As of 2019, the United States is ranked 13th in the quality of its infrastructure after countries like Singapore, Japan, Germany, and the United Kingdom among others. Of course, it may not be a fair comparison since the U.S. has to rebuild and

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