JIM STEWART

He co-founded the Memphis record label, which released hits by Otis Redding and Isaac Hayes, and was inducted into the Rock & Roll Hall of Fame.

The white Tennessee farm boy and fiddle player co-founded the influential record label with his sister in a Black, inner-city Memphis neighborhood and helped build the soulful "Memphis sound."

Jim Stewart, the white Tennessee farm boy and fiddle player who co-founded the influential Stax Records with his sister in a Black, inner-city Memphis neighborhood and helped build the soulful “Memphis sound,” has died at age 92.

Stocks closed out a mixed week after initially rising Friday following Treasury Secretary Janet Yellen's call for a large stimulus package to help speed up the economic recovery. I mean, what's the risk of too big a stimulus? Maybe higher interest rates down the road, maybe a little inflation, but as Yellen pointed out, we have the tools to deal with this. And if we gradually go up in rates throughout the year I think that's okay and we can digest it, so I'm okay with this rate rise. We are income investors, so you are seeing a dramatic impact in the bond market today, and I think that's another thing that's very, very important to keep an eye on."