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Jim Ferrare was named to this year’s 2021 Best-In-State Wealth Advisors list by Forbes for the fourth year in a row.
Last week, a devastating winter storm almost brought the Texas power grid to a complete stop. The system collapsed from a surge in energy demand coupled with frozen utility plants during brutal winter storms.
Tom Brady won his seventh Super Bowl ring this past Sunday, so it is impossible for anyone to still argue that he is NOT the Greatest of All Time. Full Disclosure – I am a Boston sports fan, but I was also rooting for TB12 to solidify his greatness with a win. Boo! Hiss! We get it, you can stop reading if you want. This isn’t going to be ALL about Tom Brady, but about sharing a handful of interesting facts about the big game.
Since writing my article last week, GameStop has been at the center of today’s 24/7 media frenzy and not just financial news outlets.
Join the Withum Wealth Management Team for this fireside chat with well-known industry experts sharing noteworthy trends within Technology, Social Media and current day Economics.
For as long as memory serves, it seems Wall Street bankers had the upper hand. High frequency traders front running the average investor, activist taking seats on boards to revamp struggling companies, short sellers suppressing stock prices for profit. This week Main Street pushed back, with real money and real consequences. Melvin Capital, a hedge fund run by celebrated stock picker Gabe Plotkin, needed to be bailed out after one of its short trades, GameStop took on catastrophic losses, courtesy of an army of retail investors that drove the price up over 2000% so far this month.
This week’s Withum Wealth Minute aims to provide travel tips in the current pandemic-ridden world.
Each new year, I reflect on the year that just ended by replaying it month by month. March 2020 was a wild, shocking month for everyone.