I have always said you can tell a lot about a person from what they choose to read (or in today's world if they still read). I didn't always enjoy reading, but my 11th grade American Literature teacher helped me find books that I enjoyed which fostered a love of
We saw last month that Nebuchadnezzar was involved in idolatry (with the golden statue he made). King Nebuchadnezzar was a very proud king and thought of himself as omnipotent. Even after God saved Shadrach, Meshach, and Abednego from the furnace, he slightly praised God, but still didn't refer to him
With each economic report released, it is getting more and more difficult to find anybody on Wall Street who can find anything bad to say. Everyone (including our economic model) was predicting a slowdown or outright recession in 2023 due to the dual pressures of inflation and the fastest Fed
The S&P 500 attracts all of the headlines. This index is comprised of the 500 largest US based corporations and is weighted by the market capitalization. As of the end of the quarter the top 10 stocks represented 32% of the S&P 500.
The problem with a Federal Reserve who says they are both 'data-driven' but calls the data 'noisy' is it is difficult to determine whether or not the most recent data will change their mind. Their track record in predicting things like an implosion of a tech stock bubble, a financial
