Ever since the French Revolution began in 1789, a time when the aristocracy lost its glamour and Marie lost her head, the French masses have steadily improved their standard of living. These days, mandatory paid vacation time in France (and …
The U S Navy rescued an Iranian fishing vessel from pirates (Although Captain Jack Sparrow is still at large) this week, keeping the tensions between Iran and the West on a simmer rather than on a boil, where it was. …
The key US stock Indexes, after a year of extreme volatility basically ended unchanged depending on which index you want to compare your performance to. It certainly was the strangest, bumpiest ride to nowhere that I can remember. Masochists should …
by Keith Schneider
The stock market recovery this past week of almost 4% and 4 consecutive days up was mostly at expense of the Republican Party. A lot of good news erupted from improved housing starts, lower unemployment, increased consumer …
by Keith Schneider
Please sing along to the tune of "We are the World" by Michael Jackson and friends:
"We are the world, we are the bankers
We are the ones who force a brighter day
So let's start giving …
by Keith Schneider
The market ‘s recent rollercoaster ride that began with the current budget deficits, then quickly spiraled into the debt ceiling crisis, and culminated with a downgrade of US debt, continues to rear its ugly head. The Super …
by Keith Schneider
PT Barnum allegedly said “There is a sucker born every minute”. The art of making money in the markets is not being the sucker, which entails ignoring most of the pontifications emanating from the promoters, (governments and …
by Keith Schneider
It’s not so easy to lend a few hundred billion euros if you expect to get paid back in full. The Toga party resulting in a rescue plan for Greece and culminating in a 1900 point rally …
by Keith Schneider
Thanks to the only world economy holding serious surplus cash (mostly US dollars), the US stock market is about to put in one of its best months ever, up almost 20% depending on where we close on …
by Keith Schneider
Never mind the Occupy Wall Street protesters; the real inhabitant of Wall Street is the bull. Here he is telling the world that Wall Street is alive and you can “kiss my—“ well you get the point. …