Wall Street’s main indexes were subdued at open on Friday, looking to clock a third straight annual gain in a year fueled by massive stimulus and a strong retail participation. The Dow Jones Industrial Average fell 12.23 points, or 0.03 percent, at the open to 36,385.85. The S&P 500 opened lower by 3.52 points, or…
When Yesterday Is Actually Tomorrow
Commentary There’s now plenty of confirmation that inflation is here and getting worse. Which brings me to a far less noticed consequence of U.S. dollar debasement practices—asset inflation. Think of asset inflation as the pie and ice cream you get in your portfolio when the Federal Reserve conjures trillions of fake dollars to fund government…
Stifel’s List of Top Tech Supply Chain Picks for 2022
Stifel analyst Matthew Sheerin said demand signals in the technology supply chain “remain quite strong for 2022.” However, Sheerin expects ongoing supply shortages to persist through the first half. Meanwhile, he sees this setting the stage for a solid second half in the space. In terms of his top picks for 2022 in the space, Sheerin…
Aging WW II Vets Share Stories With Next Generation
“Soldiering in Patton’s army was tough,” remembers 97-year-old Ernie Rabineau. “We called him ‘Old Blood and Guts.’ We needed people like that because Germany was a strong, powerful, and tough enemy.” Widowed for the past seven years, Ernie lives alone in a comfortable three-bedroom ranch-style home on a country road near Attica, Michigan. Ernie is…
Ancient Tales of Wisdom: ‘Male Left, Female Right’—Yin and Yang in Traditional Culture
Ancient tales of wisdom remind us of the traditions and moral values that have been treasured all over the world. We hope the stories and messages in our Tales of Wisdom series help uplift the hearts and minds of our readers. This retold tale is one of many audio stories from the discontinued “Ancient Tales…
Assets in IShares ESG Fund Drop 91 Percent After Biggest Investor Reduces Ownership
The iShares ESG MSCI EM Leaders ETF suffered heavy outflows this week, according to public data, leading to a tenfold drop in the assets managed by the exchange-traded fund focused on sustainable emerging-market companies. Finland’s Ilmarinen Mutual Pension Insurance Company owned 13 million shares in the ETF in September, making it the No.1 investor in…
UK’s Johnson Hails ‘Incomparably Better’ New Year’s Eve Than Last Year
UK Prime Minister Boris Johnson has said the UK is in an “incomparably better” position than this time last year due to the British public’s “heroic” response to the mass COVID-19 vaccination campaign. In a New Year video message posted on Twitter, Johnson said: “Whatever the challenges that fate continues to throw in our way…
France Lifts Transit Ban on EU-based British Nationals
France has lifted a transit ban on British nationals with E.U. residency, meaning E.U.-based UK citizens spending Christmas in Britain are now allowed to pass through France to return to their homes in the E.U. France has banned all non-essential travel from the UK since Dec. 18 in a bid to limit the spread of…
‘Where Are All the Men?’ This Vintage Manual on Manners From the 1880s Can Make a Gentleman Out of You
The following is an excerpt from “Our Deportment,” a code of manners, conduct, and dress of refined society by John H. Young A.M., published in 1881. We offer it in hopes of promoting gentlemanly conduct among men—young and older—in today’s sometimes unbalanced and undisciplined world. Our Manners. A rude person, though well meaning, is avoided by…
Twins Adorably Fail Fruit Snack Challenge
Gotta love those cheeky grins!
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