If you are waiting to hear about more price increases from your favorite companies, don’t hold your breath. Instead, their CEOs are spewing jargon like: “We are engaging in holistic margin management” and “net price realization.”

I kid you not.

There is a distinct advantage to being, shall we say, a mature investor.

Observing and participating in markets over many decades provides an opportunity to identify anomalies and patterns, to gain valuable perspective at potential turning points and to avoid panic when markets roil.

A standing ovation to all young investors who are engaging with the markets. I am thrilled you are here.

I’ve never really understood the hoopla surrounding Dow 10K, 20K or 30K for that matter.

So here we are. A week after a national election and we still don’t know the final results in a few states. But the market has made some assumptions — it always does.