Even at this point in the economic cycle after eight years of horribly slow growth and stock market recovery from 2008-09, my associate, Aaron Pickert, and I are still bullish. To commit a spoiler however, there are some conditions over which you readers who like to worry may safely do [...]
In my older age, I have mellowed some in my perspective and expressed opinions about most areas of politics. If you think I exaggerate, you should have heard me in my younger years. The verbal rockets still being fired following the (legal or illegal) election of President Trump really are [...]
Is there a link between the markets and our next President? Is it really the economy, stupid? Could it be that utilizing polls or stock market indicators to gain an edge won’t give us an answer this time? After all, polls leading into the most anticipated Presidential debate of our [...]
Decades ago following World War II, these United States were about the only part of the globe left without major damage to the industrial infrastructure. With it and the workforce remaining, we were blessed to be able to produce a fantastic amount of everything known to man and send it [...]
Last week Alphabet Inc., better known as Google’s parent company (GOOG), registered a new high in its 12 year history topping $784 three consecutive days. At its offering, you could have bought a share for $50. Google does make a profit in case you wondered. But more people probably wonder [...]
As I write today I am listening to Fed Chair Janet Yellen say the same things she has said for several years now: Economic conditions are fairly good although growth is very slow, we can’t determine why things are not better, and we are petrified to let the classical economic [...]
“I’m from the government and I’m here to help.” On April 6th, the Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL) stepped in to do its part to ensure retirement savers get investment advice to help them. The Department issued its final, long awaited regulations regarding fiduciaries [...]
Under cover of darkness, at least figuratively, last week Congress passed a budget bill that actually reduces bleeding from the imaginary Social Security trust fund. President Obama signed it Monday. Some Americans will not like it, especially those who have had higher incomes during their career. The two provisions are [...]
As I have described before, this calendar is destined to be unusual in one way or another. The January indicator, looking at the first few days plus the month as a whole, gave us a prediction of being a lousy year for the stock market. On the other hand, the [...]
The Greeks have thumbed their collective nose at the EU leaders. They are tired of being kicked around and by golly, they aren’t going to take it anymore! The word tantrum comes to mind, but since they are mostly adults—why would any young people stay in Greece?—and they have the [...]
