"Indeed, the fund's long-term record has been good. For the 10 years ended in 1996, its annual return was 21.8 percent on average, 6.5 percentage points ahead of the Standard & Poor's 500-stock index...
Through Thursday, Giftrust had lost 13.0 percent for the year, while Royce Gift Shares had gained 3.94 percent. Last year, the Royce fund returned 25.6 percent, while Giftrust was up just 5.8 percent."
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
We're taking my son to his Introduction to Auburn event at Auburn University.
we'll see you next week though!
In the meantime, a white paper I'm reading.
"This study validates...that the implementation of (China's) Five Year Plan was followed by a significant production expansion in the encouraged sectors of China. This expansion crowds out production in the same sectors in the US, leading to significant drops in both employment and investments and a notable increase in plant closures."
But it's TRUMP that started the trade war, eh?
sorry folks gotta move all this mulch by this weekend.
WE're preparing for my son Cavan's high school graduation party. So, it's a BIT hectic here to make sure everything is in place...
If it was me, I'd grill burgers and sit on coolers full of water. But apparently I'm not in charge. Who knew?