“You won’t get any dancing here, it’s illegal.” That’s a line from the 1984 film “Footloose” starring a then very young Kevin Bacon with the very cool character name “Ren McCormack.” Now, I know I am biased here, given my alter ego is “Renaissance Man,” and given that a certain cadre of in-the-know friends actually […]
Despite lying dormant for many years, inflation is back on the rise again, largely as a result of the Fed’s easy-money policies and massive amounts of government spending to combat the economic effects of the COVID-19 pandemic. The most recent Consumer Price Index (CPI) figures stated that we saw a 0.6% rise in prices during […]
The SPDR S&P Bank ETF (KBE) tracks an equal-weighted index of U.S. banking stocks and generally will invest at least 80% of its total assets in such financial services companies. The index represents the bank segment of the S&P Total Market Index and comprises the following sub-industries: Asset Management & Custody Banks, Diversified Banks, Regional […]
Life can be a cruel mistress. You can love her, take care of her and be truly good to her, but the next thing you know, she delivers you a heart-crushing blow. Allow me to get personal here for a moment, as recent events in the lives of those close to me have prompted me […]
Investors are becoming increasingly familiar with the idea that market-cap weighting can result in massive investments in just a few companies that dominate a particular index. The NASDAQ is a perfect example. Investing in the NASDAQ as an index results in an investment of close to 30% in just three companies: Apple (NASDAQ:AAPL), Microsoft (MSFT) and Amazon (NASDAQ:AMZN). Although not every […]
Alright, I know what you’re thinking. How the heck did a Greek philosopher teach me to how to trade options? Well, if you’ve been a reader of The Deep Woods for even just a short time, you likely know that I am a huge advocate of cultivating and integrating all kinds of knowledge about the world — […]