August 27, 2018

August 27, 2018

The Markets Tick, Tock. Not everybody loves meetings and even fewer enjoy reading the minutes, but investors make an exception with the Federal Reserve. This week the Fed published the minutes from its August 1 meeting. While no changes were made to interest rates,...
August 20, 2018

August 20, 2018

The Markets As Maxwell Smart used to say… Missed it by THAT much! After a rocky start, the Standard & Poor’s 500 Index came within 1 percent of an all-time high last week, reported Ben Levisohn for Barron’s. It’s significant because the Standard & Poor’s 500...
Fanfare for the (Un)common Man

Fanfare for the (Un)common Man

I was a strange kid in high school.  I know that may come as a surprise to some of you, but alas it is true. By strange, I mean eclectic.  And by eclectic, I mean bordering on eccentric.  Let me explain. I could be seen crossing the campus of Traverse City Senior High...
August 13, 2018

August 13, 2018

The Markets Let’s talk Turkey! So, how did a country that represents just about 1.4 percent of the world’s economy spark a global selloff? Turkey was once a rising star. The country’s Prime Minister Recep Tayyip Erdogan took office in 2003 and his “conservative,...
August 6, 2018

August 6, 2018

The Markets Capital gains tax reform comes with a big price tag: $100 billion over 10 years. A capital gain is any increase in the value of an asset, such as an investment, a home, land, etc., between its purchase and its sale. The amount of a gain is determined by...
The Golden Hour

The Golden Hour

It wasn’t until tonight that I was able to piece it all together and take pleasure in the knowledge and joy of this special time of day an hour before sunrise or sunset.