It’s a matter of priorities If you’re counting on dividend payments to supplement your income, then the single most important issue is whether the companies that you’re counting on for those dividends have the financial wherewithal to make the payments. And that’s why we try to ensure, in one way or another, that the companies…
CNA—Cardinal Angelo Becciu said Wednesday that he is blameless in the forced resignation of a Vatican auditor, because it came at Pope Francis’ request. Becciu was said to be responsible for the sudden firing in 2017 of the Vatican’s first auditor general, Libero Milone, as well as the cancelation of an internal audit. But during…
I began transforming into a Catholic investor while working as a portfolio manager for Northwestern Mutual Life. I had been a pro-life Catholic for a long time and was serving on the Wisconsin Right to Life Board of Directors. A stockbroker I worked with regularly approached me with a new idea for a stock to…
The London Interbank Offered Rate (Libor) — once called the world’s most important number — is an interest-rate benchmark that has influenced borrowing costs for consumers, businesses, and investors around the world since 1986.1–2 It’s been quoted in five currencies (British pound, Swiss franc, Euro, Japanese yen, and U.S. dollar) from the daily submissions of…
On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising inflation. The Committee accelerated the reduction of its bond-buying program in order to tighten the money supply and projected three increases in the benchmark federal funds rate in 2022,…
Yesterday, January 5, 2021, President Trump signed an Executive Order banning investment in eight (8) apps with ties to Communist China and its egregious tracking and security threat factors. Here are the total list of 8 additional apps banned from U.S. transactions: Alipay CamScanner QQ Wallet SHAREit Tencent QQ VMate WeChat Pay WPS Office Here…
Much has been written about the morality of investing in the stock market, often expressed in terms of an obligation to avoid stock in companies that are engaged in immoral businesses. This can be very difficult considering the wide variety of business activities of major corporations and the diverse stock holdings in modern mutual funds,…
MarketWatch—More than 30 years ago, Philadelphia stockbroker Mark Mulholland bought a sandwich for a homeless man and it changed his life. “He said to me, ‘Whatever you did for one of the least of these brothers of mine you did unto me,’” Mulholland recalls. “Then he said, ‘That is Matthew, 25.’” He pulled a bible…
September 16, 2007
U.S. ECONOMY As the nation’s housing bubble continues to deflate, the general economy remains reasonably robust. U. S. GNP figures for the second quarter showed growth of 3.4%, well above most economic estimates, as consumers and a newly growing export trade (due at least partially to a weaker dollar) pushed growth ahead. To date, the…
