Financially Forward: Gerald Harris

One of the reasons New York became the most important city in America is its amazing infrastructure. The city’s bridges, roads, airports, tunnels, and highways - the systems that are very costly to build but that are crucial to its economic development - can all be found here.

Most people never think about helium.  Some market analysts, on the other hand, are giving it a lot of thought.  And if their analysis is even partially correct, we could be hearing a great deal about this in the coming months.

Back in 1979, GM was one of the most powerful companies in the world. It literally had half of the US car market, a tremendous amount of cash and access to even more, among other assets.  That’s when the company decided to embark on a $40 billion expansion plan.  The goal: to eliminate all of the competition and take charge of the global auto industry.

Great ideas never go away.  If they fail for some reason, they are revised, updated, and repackaged.  The automat is an example of this.

By important measures, New York City is gradually bouncing back from the pandemic, but in one area the statistics are soaring.  Unfortunately, it’s the crime rate. The problem keeps getting worse, political leaders have no answer, and residents are frustrated, frightened, and angry.  This is a very bad combination and no one knows where it is headed.

Market gurus come and go on Wall Street, making fortunes, enjoying their 15 minutes of fame, and then fading from the spotlight. Warren Buffett is among the select few who are ranked among the best stock pickers and who have staying power, retaining this high esteem for decades.