While the Media and Capitol Hill hyper-focused on Weiner's wiener, the stock market continued to falter at an accelerated rate. With QE2 coming to it end and the economy stalling, the stock market has fallen for 6 weeks straight. Adding …
Consumer Confidence rose in May as the US consumer said "never mind" about the housing mess. Last month's cheaper gas prices left many feeling better about driving from their foreclosed homes to the mall.
By the week's end, the market …
Please excuse the delay in getting our weekly commentary to you but I was in a bit of a quandary. Spend my last day on earth writing commentary to potentially non-existent readers or spend my last day on earth at …
Please excuse the delay in getting our weekly commentary to you but I was in a bit of a quandary. Spend my last day on earth writing commentary to potentially non-existent readers or spend my last day on earth at …
This week's notable event was that Galleon Hedge Fund founder, Raj Rajaratnam was convicted on all 14 counts of insider trading. One of the richest people on earth and certainly the richest Sri Lankan was educated at Wharton Business School. …
There were many conflicting reports about Osama bin Laden, the world's most feared terrorist and his death/whereabouts. First, the Colbert Report stated that as a result of his burial at sea, he was promptly eaten by a radioactive great white …
The world (and much economic activity as well) almost came to a halt as people all over stopped to gasp at the pomp and circumstance of the British royal wedding. On the economic home front we also got the royal …
This week, S&P semi downgraded US sovereign debt and the market panicked for a brief moment. By the weeks end, the Dow closed on 3 year highs. This is first time in over 200 years our credit worthiness was being …
As the US outsources its jobs overseas, one thing you can be sure of, the last thing actually made in America will be US dollars. Not the printing presses that actually do the printing, mind you, they are made outside …
Even Hollywood could not have written a more convoluted script regarding the current situation in the Mid-East. In case you have been out of touch (like visiting Mars or lost your internet connection) let me bring you up to speed. …