Let’s pretend we’ve got a time machine to take us back to March of 2020 when the coronavirus was officially declared a pandemic (don’t worry, we won’t stay long). While people were binge-watching Tiger King or swarming the supermarkets to buy toilet paper, the global economy was in upheaval. Supply chains ground to a halt. Entire industries shut down overnight. And the stock market crashed—big time.
If you were checking your 401(k) during those days, you probably felt panicked as you watched your savings disappear. And even though the markets regained all of the ground they’d lost by the end of 2020, there’s a lot of worry and speculation out there about 2021.
We want you to be informed about what’s going on, but at the end of the day, worry will only cause harm, not good. In the middle of chaos, we must focus on what we can control: our attitude, our outlook and our actions.
So, will we see another stock market crash in 2021? Let’s take a look at some of the major factors to better understand where we’re headed.
Continue reading “Will the Stock Market Crash Again in 2021?”
In rural northwest South Dakota, a young couple has been carrying on family traditions since the early 1900’s. One of the last homesteading runs of Pioneer settlers. Beau Chapman and his wife, Kalin, of Perkins County South Dakota own and operate their family ranch. They raise registered and commercial sheep. Alongside Beau, Kalin helps out with secretarial duties on the ranch and is a fourth-generation educator at the school in a small community near the family homestead. They are also raising two smart and active children under the age of 6 to balance out a very busy day-to-day lifestyle.
Continue reading “Debt Elimination for Ranchers & Farmers: Meet The Chapmans”
New Day for Sorghum: Old, Drought-Tough Crop Finds New Markets
John Fleming turned to an ancient crop, sorghum, to help manage his bottom line through drought. Durham, North Carolina, brewer Fullsteam blends North Carolina-grown sorghum into its Sorghum Foxfire IPA.
Continue reading “Spotlight: Farm Business Management | Maximize Profits”
This second-generation dairyman focuses on economic game theory as the driving force behind each decision made on his farm to create a more infinite future.
Continue reading “SPOTLIGHT: Dairy Farm Management | Economic Principles”