What Capitalism Does

We’re halfway through 2021, and it’s safe to assume most investors are pleased with the performance of their accounts. Financial markets behaved well the first six months of the year and especially favored larger dividend paying stocks. Fine by me as I favor them as well.

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Our Post-COVID Economy

So, what have we won? What have we gained with our lockdowns, breakthroughs in vaccines, loss of life, the distances kept from friends and family? I hope a better world, but I'll settle for a safer today. Safer than this time last year, maybe not as safe as this time two years ago.

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As if the year 2020 wasn't interesting enough for markets, the GameStop and Reddit frenzy made for a unique start to 2021. 

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