It’s difficult to believe, but 2017 is nearly over. And while it’s been a banner year for the financial markets that was capped off by the first real tax reform in more than three decades, it’s also been a banner year for me and this publication. In fact, I took over the helm of the
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After discovering I was in Washington, D.C., last week, coincidentally last Friday, the day that the first real tax reform legislation in more than three decades was reconciled by the House and Senate, a friend jokingly asked me if I had anything to do with pushing the bill through. Well, I don’t have that kind
After discovering I was in Washington, D.C., last week, coincidentally last Friday, the day that the first real tax reform legislation in more than three decades was reconciled by the House and Senate, a friend jokingly asked me if I had anything to do with pushing the bill through. Well, I don’t have that kind
Sometimes, the confluence of place, time and global events leaves one with a sense of irony that illuminates the soul. That’s what a friend and I reflected on last Friday morning while drinking coffee just steps away from the U.S. Capitol. I happened to be in our nation’s capital last week, and the irony of
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Isn’t it ironic? That’s what a friend told me this morning while we were drinking coffee just steps away from the U.S. Capitol. The irony here is that I’ve been writing all year about this market’s main driving force—the hope of the first real tax reform in some three decades. Well, today Congress appears to
Isn’t it ironic? That’s what a friend told me this morning while we were drinking coffee just steps away from the U.S. Capitol. The irony here is that I’ve been writing all year about this market’s main driving force — the hope of the first real tax reform in some three decades. Well, today Congress
Some people play golf. Some people play tennis. And while I certainly understand the appeal of these great activities, I prefer to engage in recreational activities that are, shall we say, a little more extreme. Another way to describe my proclivities is the way many of my friends and family do, and that is to
This week’s price action in markets can be characterized as a slight drift lower in the first half, followed by a slight drift higher in the second half. In fact, markets basically settled down mid-day Wednesday after some profit-taking in many of the high-profile sector leaders such as tech, semiconductors, internet stocks, etc. That profit-taking
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