How to curb the reemergence of the old Soviet bear can be described as the greatest gut-check that the western nations have faced in a long time.
I know it is perverse that the greatest fear on Wall Street is not geopolitical events or corporate earnings but instead it is the idea of Main Street getting a bigger paycheck.
Much noise has been made about the growing student loan bubble and what kind of impact it will have on the economy when it goes “boom.” It is a reasonable question, but if you are thinking this is just like the housing bubble, or the tech/Internet- stock market bubble, you are wrong.
?Just as the market rally was ready to prove it was unstoppable, someone in Ukraine used a surface-to-air missile to bring down a civilian aircraft.
As the Dow pulls away from 17,000, I think we’ll get serious momentum that is driven more by quality names than by the high flyers. Although, that should change later when the excitement normally associated with this kind of rally begins to materialize.
In an awkward attempt to placate detractors that feel like the stock market has rallied too far, too fast, Janet Yellen threw two of the most volatile sectors in the stock market under the bus. It was almost surreal.
Yesterday, BRICS nations (Brazil, Russia, India, China, and South Africa) formally announced the creation of a special reserve fund that will rival the International Monetary Fund (IMF).
Granted, if you think the Dow Jones Industrial Average is overvalued at 6,600, it stands to reason, one would feel that way at 17,000.
Have we entered into a permanent new phase in America where the rich have it and flaunt it while the poor simply get by as each day gets harder and harder?
Nice rebound yesterday- just in time as another down session would have spooked a lot of the investors who have simply become complacent.
We are always enthralled and enamored with rags-to-riches stories that layout a blueprint that includes risk-taking, hard work, and commitment. Yet, when it comes to changing our own lives, such attributes are checked at the door in favor of safety.
It remains to be seen, but it's really amazing that the more things change, the more they stay the same.
Okay, we've had a chance to celebrate our nation's independence and a chance to digest the jobs report released last Thursday to a light viewing audience on Wall Street and a small percentage of the general public.
Individuals know so much more about "hot" stocks because the public determines winners and losers, (Sorry, President Obama). However, they have not gotten into the habit of connecting the dots.
Seeking permission to never have to seek permission, President Obama is painting himself as a maverick and modern day Robin Hood whose great ideas on spurring the economy are being held back by "obstructionists" .
The Executive Barbie Doll controversy continued last week, and I could not find anyone who thinks this is ideal, even with the tag line: "If You Can Dream It, You Can Be It."
There is no doubt that people are angry for good reasons. Median household income is lower than it was back in 1989. It is the perfect backdrop for the politics of envy and has been exploited masterfully.
Tomorrow, state officials in California will review a petition to gain a vote in November that would reduce prison sentences for non-violent felonies. Backers claim that there are more than 800,000 signatures already, which exceeds the 504,000 signatures needed.
Obama is angling toward some kind of federal fund that would eventually be funded by "rich" workers with families, goals, dreams, and businesses where the nation would get out of its "outdated" ways of thinking.
Two weeks ago, Eric Cantor turned the world of politics upside down with a crushing loss; it was the first time, ever, that a sitting majority leader lost a reelection attempt.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 24th, 2014 | John Ransom