An Irresponsible Message

Given the state of relations between the U.S. and China, China’s ongoing struggle with COVID and its effect on supply chains for companies like Apple, and the importance of the Chinese consumer on companies like Tesla, it’s a pretty good bet that something “China” and “stocks” will be in the news pretty often.

Pharma and Globalization

They say the current shortage of amoxicillin – along with a bunch of other drugs, like ibuprofen and acetaminophen and local anesthetics like lidocaine – is the result of higher than average demand.

Goodbye, 2022!

I expect I’m not the only one ready to close the book on 2022. Funny how a 20% drop for the S&P 500 leaves a bitter taste in your mouth… And I gotta say, the fact that stocks will finish in the red today, the final trading day of 2022, seems like a fitting tribute to a lost year for investors.