“The economy is still deteriorating, job losses are still huge, I really don’t see where earnings will come from to drive valuations. Just because things are getting worse at a slower pace doesn’t mean they’re getting much better” – James…
On any given day, Elon Musk might be the hero or the villain. Call it the duality of Musk – part of the reason he confounds both supporters and critics alike with achievements that amaze and comments that appall. –…
The Giants spectacular win in the Super Bowl yesterday bodes well for stocks according to the surprisingly accurate Super Bowl Indicator. According to MarketBeat, this indicator has predicted the stock market in 33 out of the 41 prior Super Bowls.
The people who created this country built a moral structure around money. The Puritan legacy inhibited luxury and self-indulgence. Benjamin Franklin spread a practical gospel that emphasized hard work, temperance and frugality. Millions of parents, preachers, newspaper editors and teachers…
Today in Washington was Day 2 of hearings on “The Mitchell Report: The Illegal Use of Steroids in Major League Baseball”. It started at 11am EST and ended about an hour ago. I was able to watch some of it…
Entertaining and funny story headlining this month’s Atlantic Monthly, “Why I Fired My Broker”, exploring a question that many middle/upper class Americans are asking themselves these days: Should I fire my broker/financial advisor? Where can I get good financial advice?…