Market Summary — 15 October

Many forces are at work that could result in a correction for U.S. markets: uncertainty around the trajectory of the pandemic; the worrisome prospect of a contested presidential election; and typical seasonal weakness.  And yet, as we write, the S&P 500 remains near an all-time high.  Why?  The investment backdrop Read more…

5G: It’s A Big Deal

The rollout of 5G wireless internet presents an enormous economic opportunity, since it will involve the construction and deployment of hundreds of billions of dollars’ worth of infrastructure, and ultimately enable the creation of trillions of dollars’ worth of economic value.  The companies that provide that infrastructure will be some Read more…