SPAC Attack
One of the hottest trends on Wall Street today is special purpose acquisition companies or SPACS. There is hardly a day that goes by without an announcement of a new SPAC, or the acquisition and merger of a private company by one. It works like this. Although they are called “companies,” SPACs have no commercial…
By Bill Schmick
February 25, 2021
Solar sector is not all green
There is one thing investors agree upon, solar stocks have skyrocketed in value over the last 12 months. The ESG (environment, social and corporate governance) crowd are ecstatic. They point to the gains as a clear example of how investors can all contribute to the greater good and still make money. But that thesis has…
By Bill Schmick
January 13, 2021
Small town America is in vogue
The on-going coronavirus pandemic has boosted consumer demand for small town real estate. Whether that trend will continue with a vaccine on the horizon is anyone’s guess. In the meantime, it could be a godsend for those looking to retire and possibly downsize during this period. The obvious driver in this trend change has been…
By Bill Schmick
November 12, 2020
The Robin Hood Raiders
In the midst of the worst pandemic since 1917, a new trend of investing has risen on Wall Street. Millions of individuals, forced to shelter in place as COVID-19 scourges across the country, have turned their sites on the stock market for a number of reasons, not all of them good. These young, Robinhood day-traders…
By Bill Schmick
July 16, 2020
ESG and the world of investment
Over the last few years, investments that focus on environmental, social, and governance issues, or ESG, have been confused with socially responsible investing or SRI. There is a big difference between the two investment styles. The simplest way to understand the differences between the two is the profit motive. ESg investments are focused on making…
By Bill Schmick
January 30, 2020
Will infrastructure spending boost clean energy stocks?
Renewable energy stocks were all the rage last year. This year, however, not so much, with clean energy funds taking hits of between 25-50%. Will President Biden’s proposed $3 trillion infrastructure bill breathe new life into this sector? President Biden ran on a platform that included the build out of an infrastructure plan that would…
By Bill Schmick
March 31, 2021