By Barbara Rishel
On March 31, 2021, President Biden released details for a proposed American Jobs Plan – a $2.7 trillion package aimed at addressing a range of issues, including transportation and other infrastructure, climate change, caregiving and housing. If approved by the Congress, the plan would represent one of the largest investments in the nation’s infrastructure in history, although the scope of the proposal goes beyond what is traditionally thought of as “infrastructure”. As a means of fully offsetting the cost of the package, the Administration has proposed increasing the corporate tax rate from 21% to 28%.
By Barbara Rishel
Corning’s fascinating history as a specialty glass manufacturer goes back 170 years. It was the partner of choice for Thomas Edison to manufacture the bulb-shaped glass encasement for his NEW incandescent lamp in 1879. Headquartered in Corning, NY, Corning’s products and innovations touch many different aspects of our lives; some in ways you might not expect. Some of the earlier inventions include cathode ray tubes (CRTs) for TVs in the early days of television in the 1950s, PYREX, Corning Ware and Corelle cookware, Steuben Art Glass and windows on the Hubble Space Telescope. Corning’s glass has been on every manned U.S. space flight since 1962. More recent inventions include flat screen TV glass, fiber optics, bendable glass for watches/wearables, antimicrobial glass for touch screens and high-quality vials for vaccines and healthcare.
By Barbara Rishel
“May you live in interesting times” is an English expression often mistakenly associated with the Chinese philosopher Confucius that seems truly appropriate in today’s world. We are all overwhelmed by the deluge of negative news headlines about the impacts of the COVID-19 pandemic and the changes to our daily routines and lifestyles. We wonder if these changes are just temporary adjustments, or will they become a permanent and integral part of our lives? What are the impacts on the financial markets, and specifically, on our portfolios?
