The fiscal cliff beckons and, as previously predicted, a resolution is unlikely. So let’s ignore the cliff this week and consider what’s happening elsewhere. Viva Europe! Last week was a good…
The Black Cloud in the Silver Lining
All I want for Christmas is a new economy. Ours is broken. While there are a few positive signs that optimists can latch onto, it appears that either the country…
So This Is Compromise?
“We are both heading for the cliff. Who jumps first is the Chicken.” …
Looking Over the Fiscal Cliff
You’ve heard plenty about the fiscal cliff. But little attention has been paid to what’s beyond it. What’s beyond it is another higher, steeper cliff. The federal debt now exceeds…
It’s A Correction for Nasdaq, Russell Indexes
Stock markets have become increasingly bearish since the election. With the fiscal cliff approaching, and little confidence that Democrats and Republicans will agree on a solution to avoid it, the…
The Good News: No More Election Ads
In the wake of Tuesday’s re-election of President Obama, the Dow Jones Industrial Average fell 434 points in two days, a drop of 3.3%. That’s better than when he was…
WOW! Manufacturing Index Up 0.2%!
“Been down so long, it looks like up to me.” Furry Lewis This is what passes as positive economic news these days: The Institute for Supply Management’s (ISM) reported Thursday…
News You May Have Missed
With the election season in full swing, dominating the airwaves, Internet and print media, you may have missed some of the other news from the past week. Here are a…
Housing Showing Signs of Recovery
We’re in a business where it’s good to worry; if we didn’t worry, we might take on too much risk, to the detriment of our clients. But we recognize that…
U.S. vs. China
As China has emerged as a world power, it has increasingly been a case of Us (as in U.S.) vs. Them. Not in military combat, fortunately, but in day-to-day trade…