Illinois Tool Works Begins To Lift

Illinois Tool Works Begins To Lift

Shares of Illinois Tool Works has had a rough go this year.  Since printing a new all-time high in January the stock began a steep decline.  By the end of August ITW had traced out seven straight lower monthly lows while falling over 25% from the 2018 peak.  This...
“Chart Of The Century”

“Chart Of The Century”

From the desk of Economist Mark J. Perry: Key bit:   Various observations that have been made about the huge divergence in price patterns over the last several decades include: a. The greater (lower) the degree of government involvement in the provision of a good or...