MEMBER SIGN IN
Not a member? Become one today!
         iBerkshires     Berkshire Chamber     MCLA     City Statistics    
Search
Home About Archives RSS Feed
@theMarket: Markets Feel the Heat
By Bill Schmick,
04:17PM / Friday, September 25, 2020
First, the good news: there is only one more week until the end of the month. The bad news, however, is that October may not treat investors any better than did September. As my swabbie friends would say, is it time to "batten down the hatches?"   Let me say I take no joy in being right. During the last few weeks of writing, the volatility I predicted has come home to roost. This kind of correction is especially painful because in these times of great uncertainty, we could have at least pointed to the stock market, and our investments accounts, as one piece of good news.    As I wrote last week: "Investors, therefore, should be mentally and

0 Comments
Read More >>

The Retired Investor: Back to the Future in America's kitchens
By Bill Schmick,
05:34PM / Thursday, September 24, 2020
Whether it is recipes, groceries, home gardens, grilling, pots and pans or online cooking classes, Americans have rediscovered the kitchen, thanks to COVID-19. Where once an occasional meal at home, or a single-serve dish for the kid's lunch was sufficient, times have changed. Home cooking has become a bigger business.   Americans are cooking more and throwing out less food, according to the Food Marketing Institute, an organization that tracks grocery shopping trends. They saw a 40 percent uptick in home cooked meals, and a 27 percent increase in those who were planning more meals in advance in 2020.    However, cooking at home, many Americans

0 Comments
Read More >>

@theMarket: Investors Face a Rollercoaster Ride
By Bill Schmick,
03:56PM / Friday, September 18, 2020
Volatility returned to the stock market this week as the level of uncertainty increased on several fronts. Unfortunately, there won't be any definitive answers to what concerns investors for at least two months.   It is September, after all, and this month is notorious for inflicting pain on investors. Historically, October is not much better, and in a presidential election year it can be worse. While the financial media will provide their thoughts on just why stocks drop or rise on any given day, it is not much use to you.   The real reason for "why" will only be known after the fact. This week, the excuse for Thursday's and Friday's

0 Comments
Read More >>

The Retired Investor: Bicycles Sales Are Booming
By Bill Schmick,
05:44PM / Thursday, September 17, 2020
In the age of the pandemic, some industries have thrived. Take the bicycle industry, for example; sales have more than doubled this year, and the only impediment to further growth seems to be the availability of product. Thanks to COVID-19, biking has become a global phenomenon.   The real growth is centered in the metropolitan areas where much of public transportation has been curtailed due to the infectious nature of the virus. In April alone, bicycle industry sales grew by 75 percent to $1 billion year-over-year, according to bike manufacturer, Huffy. Leisure bikes, those that sell for under $200, jumped 203 percent, while mountain bike sales increased 150

0 Comments
Read More >>

The Retired Investor: CSAs & Local Farms Make a Comeback
By Bill Schmick,
04:41PM / Thursday, September 10, 2020
While much of the nation's farming industry has been decimated by the global pandemic, here in the U.S. one tiny segment of the agricultural market is booming — the CSA.   The line at my local Community Supported Agriculture (CSA) pickup station was short this week. As usual, everyone wore masks and waited in line, 6 feet apart. One by one, customers stuffed their carry bags full of lettuce, radishes, kale, cucumbers, tomatoes and whatever else nature's bounty and Kate, our farmer, had planted this season. CSAs charge a seasonal, or sometimes yearly membership fee in exchange, you receive weekly boxes, or bags of fresh veggies, fruits, and more. My membership

1 CommentRead More >>

NorthAdams.com is owned and operated by: Boxcar Media 106 Main Sreet, P.O. Box 1787 North Adams, MA 01247 -- T. 413-663-3384 F.413-663-3615
© 2008 Boxcar Media LLC - All rights reserved