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The Worthington Wire

The Worthington Wire

Yearly Recap from Bill Schiffman 2020

December 30, 2020 |

 “Don’t let the door hit you on the way out!” I think that most of us feel the same way about having 2020 in our rearview mirror. It’s been a year of upheaval, tragedy, terror, grief, and uncertainty. The worldwide COVID-19 pandemic which began in January in China quickly overtook most of the world with…

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Monthly Market Insights from Bill Schiffman – December 2020

December 3, 2020 |

Is that a bright light at the end of the tunnel or is it a train that’s about to run us over? To overstate the obvious, November was a tumultuous month. President-elect Joe Biden won the hotly contested race for the highest office in the country. Outgoing President Donald Trump still hasn’t conceded the result.…

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Monthly Market Insights from Bill Schiffman – November 2020

November 6, 2020 |

The voters have spoken. What they have said is still up for grabs. As of the writing of this missive, we only know two things for sure: 1.) we’re happy not to see the unending barrage of commercials on TV and social media, and 2.) pollsters are worthless. It seems as though America will have…

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Monthly Market Insights from Bill Schiffman – October 2020

October 2, 2020 |

“Who’s to say what’s impossible? Well they forgot, this world keeps spinning, and with each new day, I can feel a change in everything.” A rather obscure song lyric this month… it’s the song “Upside Down” by Jack Johnson as part of the soundtrack for the 2006 movie Curious George. It’s not to be confused…

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Monthly Market Insights from Bill Schiffman – September 2020

September 1, 2020 |

“Bull markets begin in pessimism and end in euphoria.” This statement from legendary investor, John Templeton, many decades ago has a ring of potential truism today. August has closed with its best performance since 2000 as upward momentum continued for most sectors. While the news flow for August may have been exhausting (two political conventions, the…

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Monthly Market Insights from Bill Schiffman – August 2020

August 4, 2020 |

“Let them eat cake!” Whether or not Marie Antoinette actually said these words in 1789 is historically open to question, although the quote is often attributed to her. 1789 was a year during the reign of her husband, Louis XVI. The French Revolution was in full swing, and there a major famine in the country.…

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Monthly Market Insights from Bill Schiffman – July 2020

July 2, 2020 |

“Just the facts ma’am”… these were the signature words of Jack Webb as Sgt. Joe Friday on the 1960’s TV police drama, Dragnet. The role was reprised decades later by Dan Aykroyd in the movie of the same name, but without Webb’s lack of panache. The TV show was remarkable for the fact that Webb…

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Monthly Market Insights from Bill Schiffman – June 2020

June 1, 2020 |

“Tryin’ to make it real, compared to what?”  One of the greatest live albums ever recorded was Swiss Movement by Les McCann and Eddie Harris. It was culled from a performance in Montreux, Switzerland in June 1969. Some of the album was instrumental, with hits like “Cold Duck Time”, featuring Harris’ funky tenor saxophone backed…

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The CARES Act – How Latest Legislation May Affect You

May 20, 2020 |

By Bill Schiffman & Rc Arseneau We understand that there is an overwhelming amount of information and emotions that you may be processing right now and have intentionally chosen not to overwhelm you with messages simply for the sake of activity. However, the recently passed CARES Act does include some financial provisions to provide timely…

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Monthly Market Insights from Bill Schiffman – May 2020

May 20, 2020 |

“Minute by minute by minute by minute… I’ll be holding on”… a very timely hook/lyric from the Doobie Brothers circa 1978. As an aside, I wasn’t crazy about the addition of new lead singer, Michael McDonald, to the band. They morphed from a fun, entertaining bunch of rock and rollers to a homogenized group tailor made…

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