Amazon Summits A Dow That No Longer Exists

The addition of Amazon to the Dow with Walgreen’s unceremonious deletion, and the Dow’s current composition tells it like it is.  Yes, Walgreen’s was a retailer, and Amazon is a retailer, so the Dow’s “Consumer Goods” sector weighting was maintained.   But not really.   Of Amazon’s $25 billion of operating income for 2023, nearly

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Media Wary of AI

This story is from our February 2024 update newsletter that offers communications insights, and hopefully, some amusing diversion.

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Stock Market Predictions for 2024: Tesla, Apple and Rate Cuts

This article was written with Louis Navellier, founder and chief investment officer of asset manager Navellier & Associates. It was part of a series of articles developed under an agreement with Kiplinger negotiated by me to designate Mr. Navellier as a contributor and to deliver original articles for them on a regular basis.

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The Wealth of a Nation

We often hear that the United States is a wealthy nation. But how wealthy, and amid the current turmoil and self-inflicted wounds, can it remain so? Wealth In Ideas To our credit, we believe in discovery and the ability of intellectual property to generate growth in the economy. Right now, U.S. investment in research and

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Under High Taxes and Low, the U.S. Economy Continues to Grow

This op-ed was published by Barron’s on March 8, 2023 The finance budget the White House will propose this week may not stand a chance of passing a divided Congress, but it raises a question that’s worth considering. Is raising taxes on the richest among us a good idea?    To avoid burying the lead, the answer is yes, taxing

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