Aug. 2, 2021
Free Enterprise is one of the great traditions, and core values of the American Culture. The ability of virtually everyone to own shares in publicly traded corporations, is considered an almost sacred right in this country. …
Aug. 1, 2021
It was a fascinating week for Markets In the USA, and a very difficult week for Analysts. Nearly everything they had predicted went the other way this week. In a particularly stunning disclosure, Amazon, the major online ret…
Aug. 1, 2021
n looking at the 6 major economies reporting this week. France stands our as showing the slowest recovery to date. Their economy grew at less than 1% during the second quarter. Next slowest was South Korea growing at less th…
July 31, 2021
Opening up an economy, and returning to normal is not an easy task. We're beginning to see that in the economic reports which came across my desk this week.
July 31, 2021
It was a fascinating week for Markets In the USA, and a very difficult week for Analysts. Nearly everything they had predicted went the other way this week. In a particularly stunning disclosure: Amazon, the major online ret…
July 30, 2021
Yesterday it was reported that the United States total economy, the Gross Domestic Product, grew at 6 1/2% for the second quarter. When calculated out on an annual basis this will mean that this year America's Economy will …
July 29, 2021
As we close out the first half of 2021, it is becoming clear what an utter shambles our International Trade Policy is in. This year, will most likely be the first year in history that the US Trade Deficit surpasses $1 Trill…
July 28, 2021
At two pm eastern time this afternoon, the Federal Open Market Committee will once again announce their decision on interest rates. The Committee meets 8 times a year. And they are responsible for setting the short term rat…
July 27, 2021
As our Financial Adviser often says: Our home is the largest investment we'll ever make. I think it took many of us on Wall Street some time to realize how true that sentiment is. We tended to look at our home as just that. …
July 27, 2021
As our Financial Adviser often says: Our home is the largest investment we'll ever make. I think it took many of us on Wall Street some time to realize how true that sentiment is. We tended to look at our home as just that. …
July 26, 2021
It's a tradition in much of Europe, especially France and Spain, to take the month of August off. And I've noticed that increasingly Wall Street is doing the same thing. That is, take August off. That makes this last week i…
July 25, 2021
t's summertime, as the old Porgy and Bess Song says: “ When the living is easy...” Traditionally the time when Wall Street takes it easy. When traders and brokers alike, head to the shore on the Weekends. When businesses a…
July 24, 2021
It's summertime, as the old Porgy and Bess Song says: “ When the living is easy...” Traditionally the time when Wall Street takes it easy. When traders and brokers alike, head to the shore on the Weekends. When businesses a…
July 23, 2021
Yesterday we saw the Initial Claims for Unemployment take a substantial jump to 419,000. This was a puzzle. Why would we see such a jump in the middle of what should be an ideal time for workers?
July 22, 2021
Last night they raised the Black Flag over Sydney. A complete quarantine of the city has been imposed by the Lord Mayor of Sydney, Clover Margaret Moore, with the full support of the Parliament of New South Wales and the Pri…
July 21, 2021
We often underestimate the full force that Nature can have on our lives. Much of the time we are insulated from it's ravages. We commute to work in hermetically sealed cars, trains or buses. Most of us sleep in air condition…
July 20, 2021
Again, last night came yet another sign that Deflation, not inflation, is still lurking in the Japanese financial markets. Like an old character actor, who sits in the wings, Deflation lingers in the background, but never q…
July 20, 2021
Again, last night came yet another sign that Deflation, not inflation, is still lurking in the Japanese financial markets. Like an old character actor, who sits in the wings, Deflation lingers in the background, but never q…
July 19, 2021
This year marks the 59th anniversary of a strange and mysterious disease called Polio. Although a majority of American's carried the Polio Virus, only a few were afflicted by the most virulent strain, one that caused paralys…
July 19, 2021
This year marks the 59th anniversary of a strange and mysterious disease called Polio. Although a majority of American's carried the Polio Virus, only a few were afflicted by the most virulent strain, one that caused paralys…
July 18, 2021
It was the most devastating Economic Quarter in nearly a century. It all began innocently enough. Suggested social distancing, advised wearing of masks, recommended self quarantine. It will only last a couple of weeks we we…
July 17, 2021
It was a week when Chinese Economic Growth suddenly took a big drop. US Inflation rocketed above 5% for the first time in years. But there seems to be nothing that will change Jerome Powell and the Fed's Basic Strategy of L…
July 15, 2021
Let's face it most of us are News Junkies. We have to be. As investors news from around the world can affect just how the financial markets here at home perform. And anyone who has watched the news this week has to be stunne…
July 14, 2021
In the novel, Moby Dick, Captain Ahab is the megalomaniacal commander of a whaling ship. With just one thing in mind: to capture the great white whale, Moby Dick. It has been much the same for the current Chairman of the Fed…