It appears that we are experiencing a new vision of great corporate America.
In the last couple of weeks, we have seen the General Electric plan to separate into three companies.
It’s the great unwinding of Jack Welch’s mighty conglomerate.
Shortly after that, Johnson & Johnson announce plans to split its company to separate drugs from consumer products.
Abbot spun off Abbvie a couple of years ago and both increased in value.
Let’s not get too carried away and think that this is the one true vision for corporations.
Look at the FANG stocks to see how they continue to buy other companies and move them within the corporate umbrella.
It is obvious that they have had remarkable growth.
I would be remiss if I didn’t tell everyone that virtually all stocks have risen in the last several years.
If your portfolio is lagging, it is time to and make real changes.
With the global summit completed that was addressing climate change concerns, it will be interesting to see what will happen.
I believe that much already is happening.
The State of Texas leads the nation in renewables.
EV cars are a reality and will take more and more market share.
I doubt that I will be one of the devotees as I have a real love affair with old cars.
I drive two old relics, a 1971 Scout and a 1967 Porsche 912.
I have noticed the climate in the Hill Country change over my 71 years.
We have white wing dove move into our locale, when as a child you had to go south of the Rio Grande.
I will let politicians and scientists debate the cause.
I continue to monitor various analysts’ opinions for the future direction of the market.
I do think that I am moved to join those that are fully invested bears.
They are concerned about inflation, but are not about to fight the Federal Reserve easy-money policies.
I mentioned many times my feelings early this year that you should be invested, but the final quarter of the year could see a correction.
It certainly appears that I was wrong.
It is however difficult for me to put more money into such a high- value market.
This is the plight of a value long-term investor.
I am, however, putting money into higher-yielding stocks especially in foreign countries.
I did sincerely miss the boat on crypto.
You can’t win them all.
