Books have been known to help develop greater capacities for empathy, strengthen the brain and prevent cognitive decline, and even reduce stress and help us enjoy longer lives. But we also found a few unexpected financial lessons in some of…
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There are still a fair amount of unknowns and ambiguities surrounding the Paycheck Protection Program (PPP), and exactly what business owners should do and expect. The bottom line on the PPP is that it’s a loan from the Small Business…
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Post by Paul McClatchy It’s a rule in nature that systems strive for balance. When exogenous shocks occur, the system may alter but an equilibrium eventually is reached. Human systems, like the market, usually operate the same way. During the late 90s,…
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Post by Paul McClatchy There is an old axiom from the early days of the financial industry that “investment products are sold, never bought”. The gist of this was that most people were pressured into investments they didn’t need, want,…
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But this one died from a virus. Well, here we are; officially in the throes of the 2020 bear market. In our October 2019 quarterly letter, we pointed out some recession indicators (notably the inverted yield curve) but remained optimistic…
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