Yes, Virginia, There is a Santa Claus

Yes, Virginia, There is a Santa Claus

There is a commonly held belief that Christmas, besides celebrating the birth of our Lord, brings what is known as a Santa Claus rally in the stock market. Since we’re approaching that time of year, I thought it might be interesting to delve into the numbers and see if this perception is truly fact or…

Was Peter’s Pence used to finance investments like the now infamous London property deal?

Was Peter’s Pence used to finance investments like the now infamous London property deal?

CNA—The Vatican’s “trial of the century”, scheduled to continue in September, has so far offered plenty of drama and raised numerous unanswered questions. One of the most sensitive, not just for Catholics who have donated money to the Vatican, is this: Was Peter’s Pence used to finance investments like the now infamous London property deal?…

The Catholic Investor: My Journey

The Catholic Investor: My Journey

I began transforming into a Catholic investor while working as a portfolio manager for Northwestern Mutual Life. I had been a pro-life Catholic for a long time and was serving on the Wisconsin Right to Life Board of Directors. A stockbroker I worked with regularly approached me with a new idea for a stock to…

Vatican cardinals linked to missing millions and financial scandal

Vatican cardinals linked to missing millions and financial scandal

Vatican City, Oct 29, 2019-CNA– An Italian dermatology hospital and two senior cardinals are at the center of a burgeoning financial scandal involving a Vatican bank, the U.S.-based Papal Foundation, and millions of euros from misallocated government grants. The events concern the financial collapse of the Istituto Dermopatico dell’Immacolata (IDI), an Italian hospital.  According to…