I’m a huge fan of drug companies, and I am against the popular notion of demonizing “Big Pharma.” I think the brilliant scientists who develop lifesaving and life-enhancing therapies are modern-day heroes to be lauded, not villains to be denigrated. Today, one such collection of scientists, along with all the other men and women who

You might find this hard to believe, but the iconic New Jersey rocker Bruce Springsteen never had a number one record. Well, sort of. You see, Bruce’s

Remember late last year, when one of the biggest fears in the economy was the supply chain bottleneck? Of course you do. However, those days are largely over, as goods are flowing around the globe again despite the headwinds of higher interest rates and ramped-up geopolitical tension courtesy of the heinous war being waged by

“When I prayed for success, I forgot to ask for sound sleep and good digestion.” — Mason Cooley Good digestion. That’s how I describe the equity markets this week, as the broad-based measure of domestic stocks, the S&P 500, is on pace for another positive showing after rising about 1.2% this week. On Thursday, stocks

“Happiness for me is largely a matter of digestion.” –Lin Yutang, “The Importance of Living” Good digestion. That’s a good way to describe the equity markets this week, as the broad-based measure of domestic stocks, the S&P 500, is on pace for another positive showing (up about 1.2% on the week). On Thursday, stocks rallied

“Most everyone’s mad here. Aha… you may have noticed that I’m not all there myself.” –The Cheshire Cat Some days, looking at your spreadsheets makes you wince. Other days, your spreadsheets put a big, Cheshire-Cat-like grin on your face, as you know that your stock selections have hit the bullseye. As of mid-morning today, we

The rise in Treasury yields has accelerated, and the Fed is using essentially every opportunity to tell the public that interest rates are going to rise even more in the coming

I’m the captain of this vessel We wanna take you on a cruise All around the land, music is at hand We wanna play it for you… –Lakeside, “Fantastic Voyage” Travel is in the air, and the sea and the land. Indeed, Americans have been bitten by the travel bug, and the pleasurable poison of

The Fed finally pressed the trigger on interest rates (notice I didn’t say “pulled” the trigger because real marksmen know you never pull, you gently squeeze until you feel the “surprise break”). On Wednesday, Federal Reserve Chairman Jerome Powell repeatedly told the world that the U.S. economy is strong, inflation is too high, and the

The future’s uncertain and the end is always near… –The Doors, “Roadhouse Blues” The Fed finally pressed the trigger on interest rates. Notice I didn’t say “pulled” the trigger, because real marksmen know you never pull. Instead, you gently squeeze until you feel the “surprise break.” On Wednesday, Federal Reserve Chairman Jerome Powell repeatedly told