by William Hepburn | Jul 25, 2025 | Miscellaneous
We’ve had several Industrial Revolutions in the U.S.—four or five, depending on who you ask. But you don’t kick off a true industrial revolution with just one new product or industry. What you really need is an entire platform—something that creates lots of...
by William Hepburn | Jun 27, 2025 | Miscellaneous
I’ve accomplished a few things in my 4 decades helping clients manage their money. I led a national trade organization for active money managers, managed mutual funds twice, created a market indicator that is used each week by 20,000 portfolio managers, newsletter...
by William Hepburn | May 30, 2025 | Miscellaneous
Artificial intelligence (AI) has been all the rage for a few years now, and stocks focused on this market sector have been red hot. We own a few of these issues in our Future Technologies models, and I wished we owned more – should’a, could’a, would’a and all. But...
by William Hepburn | Apr 25, 2025 | Miscellaneous
The first thing to do while investing in the stock market (whether through mutual funds, ETFs or individual stocks), is to understand the current market environment. Then you must be able to adapt to those market conditions. I believe we are currently seeing a bear...
by William Hepburn | Mar 28, 2025 | Miscellaneous
In 2023 and 2024, there was much talk of an impending economic recession in the financial media. Most of it was just hot air, in my opinion. The most widely used indicator of future economic activity is still the US Treasury Bond market, but there are many ways to...
by William Hepburn | Feb 28, 2025 | Miscellaneous
A year or so ago when I was down in “The Valley,” as we highlanders call the Phoenix metro area, I saw several Waymo driverless taxis and said to myself, “I want to try that.” I was in Scottsdale recently and was surprised at the number of Waymo cars I saw. They were...