Why Won’t Big Bad Wal-Mart Pay Their Employees?

April 13, 2015 – Walmart has been the easy target during the last twelve months as activists push for an increase in minimum wage. Why wouldn’t they be, right? They bring in billions of dollars while paying some of their workforce minimum wage- surely they can afford to cover the costs of an extra dollar or two per hour for …

Average Is Rare

April 6, 2015 – The historical annual return of the S&P 500 index back to 1957 is 9.62%. Interestingly, the market almost never returns the average. In 1958, the market returned 43%, while in 2008, it dropped 37%. To try to visualize how rarely the index returns just its average, this chart shows one year moving averages in blue. You …