20 attorneys general warn CVS, Walgreens against abortion pills in their states

20 attorneys general warn CVS, Walgreens against abortion pills in their states

CNA—As CVS and Walgreens continue to seek federal approval to sell an abortion drug, 20 attorneys general whose states restrict abortion warned the pharmacy chains against fulfilling mail orders within their states. What has FDA approved so far? Last month, the U.S. Food and Drug Administration (FDA) approved the sale of mifepristone through pharmacies if…

Profiting from Abortion

Profiting from Abortion

I’d like to start this article by wishing all of you a very happy 2023! Hopefully, it will prove to be more rewarding from an investment standpoint than the exceedingly disappointing 2022. Also disappointing is the recent, January 3rd, policy change by the Food and Drug Administration (FDA) that allows pharmacies to sell mifepristone. What…

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…

USCCB vs ESG: What’s a Catholic Investor Supposed to Do?

USCCB vs ESG: What’s a Catholic Investor Supposed to Do?

We’ve talked in earlier articles about the Socially Responsible Investment Guidelines of the United States Conference of Catholic Bishops (USCCB). In that 26-page document, the bishops enumerate a number of business activities that make a company unfit for investment. The investment activities that the USCCB identify as unfit for investment include, but are not limited…

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…

Pivots to Fight Inflation

Pivots to Fight Inflation

On December 15, 2021, the Federal Open Market Committee (FOMC) of the Federal Reserve System made a significant shift in monetary policy in response to rising inflation. The Committee accelerated the reduction of its bond-buying program in order to tighten the money supply and projected three increases in the benchmark federal funds rate in 2022,…

What is Wrong with Moral Investing and How can it be done better?

What is Wrong with Moral Investing and How can it be done better?


Much has been written about the morality of investing in the stock market, often expressed in terms of an obligation to avoid stock in companies that are engaged in immoral businesses. This can be very difficult considering the wide variety of business activities of major corporations and the diverse stock holdings in modern mutual funds,…

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