Good afternoon,
I hope you're enjoying this snowy week. Here are three things I read that I thought you'd find interesting. I hope you find some useful information heading into the weekend.
If any questions come to mind from these articles, please don't hesitate to call or email anytime at (618) 540-9599 or craig@tobermanwealth.com.
As goes January, so goes the year?
Hats off to those who had the discipline to hold their ground through January. I like this post because it counters the old adage with some wisdom from legendary investors.
Since 1950, the average 6-month S&P 500 stock market return immediately following a month with a 10% correction was 16.4%.
Microsoft CEO Satya Nadella Sees "Generational Shift" in Economy, Society
This article discusses the increasing surge of cloud computing and the semiconductor chip demand needed to support it.
Last week, Commerce Secretary Gina Raimondo warned: "we aren't even close to being out of the woods as it relates to the supply problems with semiconductors."
But the U.S. is taking steps to address this...
Intel's $20 bln Ohio factory could become world's largest chip plant
$20 billion is just the initial investment. Intel says this could grow to become a $100 billion investment with eight total fabrication plants.
With the majority of today's semiconductors coming from East Asia, this ambitious project is not only an important business investment, but a matter of national security.
