Tag Archives: Stocks

Is ‘American exceptionalism’ still good for my business and investments?

“American exceptionalism” is the idea that the U.S. is qualitatively different than other nations. Scottish historian Richard Rose put it this way: “America marches to a different drummer. Its uniqueness is explained by any or all of a variety of … Continue reading

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Turning of the Tides

Investors regularly quote the adage, ”A rising tide lifts all boats.” In 1953, GM President Charles Wilson said during hearings to become Secretary of Defense, “What’s good for the country is good for GM and vice versa.”  A half century … Continue reading

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How can stocks go up in a bad economy?

Stocks do go up in bad economies. They go up because the market is anticipating growth in the future. Bad economies tend to reduce competition, lower interest rates, keep costs down, spur innovation, rationalize capital structures and reduce leverage. That … Continue reading

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