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Something to ponder. This morning usa today led its money section with a stunning story about how onethird of the cash is that the Balance Sheets of american businesses is held by just five companies. Five companies. Thats incredible. What i think is even more amazing is that the stocks of those five companies are doing quite poorly. Down almost 3 on average. Not only that but the quoims the ten largest arent beating on average either. Why is this . First generally speaking, for the most part, the cash heavy company are beating the slower value place. Second, it cant be repatriated without paying big federal taxes. There is good news believing they would final it. Third. There are companies specific issues with each of these stocks so we have to address them one by one. Let me name the five kings of cash explaining the sub optimal performance. First is apple. Down 8 year to date. Despite having more than 233 billion in cash. Apple ....
by Steve Newton on January 5th, 2021 at 2:10 PM 1 of 2 2 of 2 Celebrated First Nations artist Susan Point and her family will be showcased via eight brilliant lanterns next month.
Coastal Lunar Lanterns will feature the work of Point and her family of artists Thomas Cannell, Kelly Cannell, and Summer Cannell on display at Jack Poole Plaza, against the backdrop of the North Shore.
Susan Point is a descendant of the Musqueam, Coast Salish peoples, reads the event info on the Lantern City Facebook Page. Susan inherited the beliefs of her culture and ancestral traditions from her mother Edna who learned from her mother, Mary Charlie-Grant. Susan s distinct style has inspired a movement in Coast Salish art. She draws creativity from her ancestors stories and forged the use of non-traditional materials and techniques, therefore inspiring a whole new generation of artists. ....