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Talking about propaganda might seem to have little to do with the oil markets. But there’s a connection. As we note on p.3, the Chinese once again are heeding the age-old advice in The Art of War to hide your strengths and display your weaknesses. Thus, we… Read More

A recent survey of small businesses, those with fewer than 500 employees, shows why the Fed must accept that much higher inflation is inevitable. For investors, it’s one more reason to prepare for greater market turbulence. Small businesses account for more than 99% of all U.S. businesses… Read More

This week we are adding T. Rowe Price Diversified Mid Cap (PRDMX) to FundFolio. It replaces the mid-cap growth fund Buffalo Discovery (BUFTX), which we are selling. BUFTX used to rank consistently above average among its peer funds, but in recent years its performance has been no better than mediocre. Read More