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Annual fund returns can look great if you don’t count inflation

2 years 10 months ago
In the Wall Street Journal yesterday, James Mackintosh put up the following chart: I don't get it. Why would you deliberately put up a chart that ignores inflation? It's like ignoring the law of gravity. "If you don't count the effect of gravity, our plane is ascending nicely. Oops." Here is the 20-year total return ...continue reading "Annual fund returns can look great if you don’t count inflation"
Kevin Drum

St. Louis County Deceived Public About Jail Death, Lawsuit Says

2 years 10 months ago
A man whose brother died in St. Louis County Jail custody in the final days of 2019 has filed a lawsuit in which he accuses jail staff of negligence and county officials of deceiving the public about the circumstances of his brother's death. Juan Mitchell's lawsuit claims that despite the jail staff acting with "deliberate indifference" in the days leading up to the December 27, 2019, death of his brother Jo’von Mitchell, official communications from the county praised jail personnel for their handling of Jo'von's medical emergency. In the days prior to Mitchell's death, the suit says the 31 year old had difficulty standing and suffered nausea, dizziness and an intense throbbing headache.
Ryan Krull

Review: New Play Action Brings St. Louis History to Life

2 years 10 months ago
The period just after the passage of the Civil Rights Act of 1964 into the early 1970s was one of change. Fear and conflict spread throughout the United States, including in St. Louis, where activist Percy Green II founded ACTION, a disruptive, non-violent coalition seeking equal hiring and financial opportunities for Black Americans.
Tina Farmer

Alton-Area Lawyers Secure $3.3 Million Verdict for Boat Worker Exposed to Unsafe Conditions

2 years 10 months ago
ALTON/EAST ALTON - Kevin Mogensen has been awarded a verdict of $3,310,000 by a Madison County jury after he was exposed to unsafe working conditions which aggravated his pre-existing asthma. After two hours and fifteen minutes of deliberation, the jury awarded Mogensen $60,000 in lost earnings, $2.75 million dollars for past and future pain and suffering as well as $500,000 for past and future loss of a normal life. Mogensen was represented by Benjamin Tobin and Zachary Tobin of Pratt & Tobin, P.C., located in East Alton, Illinois. Joseph Hoefert of Joseph E. Hoefert Attorney at Law, located in Alton, also served as co-counsel but was unable to participate in the trial due to a recent surgery. Mogensen worked as a towboat deckhand for the towboat company SCF Lewis and Clark LLC. The lawsuit alleged that the company “negligently ordered” Mogensen to be aboard a barge while terminal and dock crews were cleaning excess Corn Gluten Fertilizer off of the barge - which,

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Marquette Catholic Boys Bowling Trio Advance To Sectional, Are Tucker's Automotive Repair & Tire Male Athletes of Month

2 years 10 months ago
ALTON - Marquette Catholic had three bowlers - Max Cogan, Hayden Sherman, and Nicholas Trefny - advance Saturday from the Columbia IHSA Boys Regional Bowling Tournament. The three boys will perform this Saturday in the sectional at Collinsville. Cogan was the leading individual qualifier with a 1,311 series. Sherman went through with a score of 1,233, and Trefny was next with a 1,225 . Marquette saw Andrew Roth have a 1,086 score and Corbon Barnard had a 1,019, while beside the two qualifiers for the Eagles, Brady Geisler had a 1,110 score, Jordan Teems tossed a 1,024 score, Ryne Breyer had a 524 set and Brayden Prott had a 507. Led by the trio Cogan, Sherman, and Trefny the Explorers team are Tucker’s Automotive Repair & Tire Inc. Male Athletes of the Month. Marquette Catholic head boys bowling coach Mark Jones said his fantastic trio have been members of the squad since their freshmen year. “We strive to get a team through, and I am just proud we have three boys going

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Urban League, St. Louis Area Foodbank Honor Dr. King's Work To End Hunger With Commemorative Food Distribution Event

2 years 10 months ago
ST. LOUIS - Dr. Martin Luther King, Jr. believed deeply that equality began with the fight against hunger and poverty. His entire life was devoted to the fight for justice and equality starting with the right of every person to be free from hunger. Sadly, today, nearly 40 million people in America go to bed each night hungry with no idea how they will feed themselves or their children. The Urban League of Metropolitan St. Louis and The St. Louis Area Foodbank are teaming up to celebrate Dr. King and continue his work of ending poverty and hunger with a special MLK community food distribution event on January 16, 2023. The drive-through-only event will run from 12 pm to 3 pm at the Urban League’s Regional Headquarters at 1408 North Kingshighway. Staging for cars is on Page Boulevard starting at Aubert and going east. A short presentation will be held at 11:15 A.M. featuring remarks from event partners. There will also be a special presentation by the Dr. Martin Luther King, Jr.

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