ASSOCIATED PRESS It appears that KFC, Dunkin, and Burger King are joining the trend — Veganism is giving a “healthy” image to fast food chains, as they add plant-based meat alternative products to their menu. Back in April, Burger King introduced the Impossible Whopper, a plant-based burger, similar to the company’s classic sandwich. A couple of months
Retirement
Source: Stock.Adobe.com The stock market is fluttering near all-time highs, but has gone nowhere for 19 months. The bond market is pushing government bond yields toward or below zero. Gold is surging. The Fed is cutting. Tweets are flying. Oh, and there’s a major hurricane bearing down on the east coast of the US. So, I can’t
Shares of Nissan, Honda, Fiat Chrysler, and Daimler are trading at deep discount to their book value, and are paying hefty dividends. Nissan Motor’s shares, for instance, are trading 51% below their book value, paying 8.6% dividend. Daimler’s shares trade at an even larger discount, 68%, paying 6.8% dividend—see table. Company Recent price Book value
CHICAGO, ILLINOIS – MAY 20: Lori Lightfoot addresses guests after being sworn in as Mayor of Chicago during a ceremony at the Wintrust Arena on May 20, 2019 in Chicago, Illinois. Lightfoot become the first black female and openly gay Mayor in the Getty Images The clock continues to tick on Chicago’s 23% funded pensions.
Estee Lauder Looks Unstoppable Even In A Volatile Market. © 2017 Bloomberg Finance LP After losing 4.5% early on, the S&P rallied back nicely to close August down only 1.6%. In contrast, Wayne Himelsein, one of my best managers, closed the month nicely positive, up about 1.9%. Wayne does well in volatile markets. Today, I
Author’s wife wearing a sombrero in Mexico Chuck Bolotin Perhaps you’ve thought about moving to Mexico, or perhaps you have a loved one who is considering it. Either way, you’re almost certainly dealing with all the objections arguing against the move. We certainly did, before we moved. Friends, family, and even almost complete strangers were
Pedestrians pass in front of a Charles Schwab office building in New York on in January. Schwab just released a report on the use of advisors in retirement plans. Photographer: Gabriella Angotti-Jones/Bloomberg © 2019 Bloomberg Finance LP Most retirement plans, such as 401(k)s, typically lock you into a plan that offers a small selection of
Should we income investors buy any bonds right now? Bond prices have rallied, but the rear view mirror doesn’t help any new money we’re putting to work right now. Meanwhile interest rates are tanking, which tends to defeat the point of purchasing fixed income in the first place. But, stocks are on a roller coaster