2020:A year that was unlike any other; indeed
The most common question of 2020 was how can the stock market do so well, while the economy does so poorly? The short answer is that the economy reflects the present, while the stock market reflects the future. A better answer is that the price of stocks reflects the supply and demand for stocks. Last year, the amount of cash available for the purchase of stocks increased greatly, bidding up the price of those stocks.
Column by Jim Flinchum, Inside Business, Hampton Roads, 1/24/2021
SPACs, NFTs, TINA and raiders: A review of Q1
The economic news during the first quarter is steadily improving, with surprises mostly on the upside. The stock market news has also been steadily improving while waiting for the economy to catch up.
Column by Jim Flinchum, Inside Business, Hampton Roads, 4/19/2021
A look at inflation and supply chain crisis
The third quarter of 2021 started with a boom but ran another into another COVID wave, a surprisingly severe supply chain crisis, and gnawing fears about inflation.
Column by Jim Flinchum, Inside Business, Hampton Roads, 10/18/2021