Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and they discussed the current market with Tom Plumb.
Fund holdings are subject to change and should not be considered a recommendation to buy or sell any security.
Opinions expressed are those of the author or Funds and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.
Click here for holdings for the Plumb Equity Fund.
Click here for holdings for the Plumb Balance Fund.
Performance data quoted represents past performance and does not guarantee future results. Investment returns and principal value will fluctuate, and when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.
Cryptocurrency )notably bitcoin), often referred to as “virtual currency” or “digital currency”, operates as a decentralized peer-to-peer financial exchange and value storage that is used like money. Cryptocurrency operates without control authority or banks and is not backed by any government. Even directly, cryptocurrencies may experience very high volatility. Cryptocurrency is not a legal tender. Federal, state, or foreign governments may restrict the use and exchange of cryptocurrency and regulation in the U.S. is still developing. Cryptocurrency exchanges may stop operating or shut down due to fraud, technical glitches, hackers, and malware.
Basis points (BPS) refers to common unit of measure for interest rates and other percentages in finance.
Investment grade is a rating that signifies a municipal or corporate bond presents a relatively low risk of default.
Cash flow is the total amount of money being transferred into and out of a business, especially as affecting liquidity.
FAANG: Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX) and alphabet (GOOG) (formerly known as Google).