Highlights The Richest Man in Babylon is a compilation of parables about a camel dealer in ancient Babylon, and the principles that enabled him to become the city’s richest man. In this post, we continue our discussion on the insights the book provides to create, grow, and protect wealth. “Wealth, Continue Reading
The Market Commentator
The Market Week in Review
The U.S. stock market ended the week lower as coronavirus concerns are reinstilled and the Markit Services Purchasing Manager Index (PMI) fell into contraction (i.e. below 50) for the first time in four years. Consequently, interest rates fell considerably as the 10-year treasury yield dropped from 1.59% last week to Continue Reading
The Market Week In Review
The U.S. stock market closed the week at all-time highs, despite the spread of the coronavirus, as overall strong corporate earnings and positive economic data lift the market higher. Interest rates were virtually unchanged on the week as the 10-year treasury yield rose from 1.58% to 1.59%. Although the markets Continue Reading
The Babylon System for Financial Success (Part 1)
Highlights The Richest Man in Babylon is a compilation of fictional short stories first published in 1926 that continues to provide valuable insight on achieving your financial goals. Regarded by many as a timeless classic of financial literature, this easy-to-read book reveals a simple system that allowed Arkad, a camel Continue Reading
The Market Week in Review
Coronavirus hopefulness, overall positive corporate earnings, and China’s announcement to cut $75 billion of tariffs on U.S. goods drove the stock market higher after its pullback last week. Consequently, interest rates also moved higher as the 10-year treasury yield rose from 1.52% last week to 1.58% today. The price of Continue Reading
Monthly Market Review – January
Highlights The U.S. economy remains resilient as a strong consumer and jobs market outweighs a slowing manufacturing sector. The global stock market started off the year strong amid a ‘Phase 1’ trade deal between the U.S. and China, but was then hindered by fears of the coronavirus. The Fed left Continue Reading
The Market Week in Review
The U.S. stock market ended the week largely downward as fears of the coronavirus’s impact on the global economy outweighs overall better-than-expected corporate earnings. Interest rates also moved lower amid the coronavirus fears as the 10-year treasury yield dropped from 1.68% last week to 1.52% today. The price of gold Continue Reading
Is It Time To Vaccinate Your Portfolio From The Coronavirus?
(Note: This blog was posted at 2:45 pm on January 30, 2020.) The coronavirus death toll rose to 170 and confirmed cases soared past 7,700, posing a potentially serious threat to the global economy. Pursuing an unproven and hastily developed vaccine in hopes of inoculating your portfolio from effects of Continue Reading
Introducing The Milwaukee Company’s Global Risk Assessment
International investments can create important diversification benefits that enhance returns and lower volatility over the long term. Investing overseas introduces political, fiscal, and market risks not associated with domestic investments. These risks should be identified and managed – but not eschewed. The Milwaukee Company’s Global Risk Assessment is a monthly Continue Reading
The Market Week in Review
The U.S. stock market finished the week lower on the shortened Martin Luther King Jr. week as fears of the coronavirus sent stocks lower. Interest rates also moved lower as the 10-year treasury yield dropped from 1.84% last week to 1.68% today. Meanwhile the price of gold rose 0.83% to Continue Reading