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Brexit It Is


Since the fall of 2015, we’ve been anticipating volatility leading up to the June 23rd vote by the U.K. on whether to remain a part of the European Union, repeating this mantra even when markets experienced what seemed like an irrational fall in January of this year, seemingly in response to volatility in Chinese stock […]

Markets Await Decision by U.K. Voters on “Brexit”


At this writing, citizens of the United Kingdom (U.K.) are mulling over their June 23rd vote on continuing as part of the European Union (EU) or exiting that integral association. The EU is one of the largest economic unions in history. It joins 28 member nations in a landmark effort to facilitate freer cross-border movement […]

Annual Drill on Capital Gains Distributions


‘Tis the season of giving, and a select few may have received gifts in years past they’d rather not have received for one reason or another.  Investors should expect that to be the case again this year from mutual fund managers, as has been the case the last couple of years. Mutual funds are composed […]

Perseverance


I recently re-read one of my favorite books by British explorer and scientist , R.A. Bagnold, Libyan Sands: Travel in a Dead World.  Published in 1935, the memoir recounts in wonderful detail how he and his companions mounted several of the first successful automobile explorations of the Western Desert of North Africa and the Great […]

The Sky Is Falling! … or is it?


The Dow Jones Industrial Average dropped as much as 1,089 points in early trading this morning, after having had a rough week last week, losing 1,047 points Wednesday through Friday.  This took the index from an all time high of 18,312 to a low of 15,456 in a matter of three days and a few […]