We are fortunate to live in a free country where we are allowed to express our feelings. No matter what people say there is a freedom here for both men and women which all enjoy whether they are visitors to our shores or residents. To learn how precious this freedom is, travel to another country […]
Here in the northeast, the weather has been fantastic. We have been enjoying our Indian summer and, as the major indices continue to rally in the fourth-quarter, so too have the markets. We did; however, see a minor retreat on the very positive “Jobs Report” in the Friday session. The reports highlights the expansion of […]
Here we go off into Christmas help hiring season in anticipation of consumers rushing into brick and mortar store to purchase their holiday gifts….News Flash!!!! Many consumers will likely make purchases on-line, trying to find the best bargains without dealing with sales people, crowds or parking problems. That said, we expect to see lighter traffic […]
We’re back! We apologize to our readers for the great deal of time that has passed since putting out our last letter but are happy to say that we are back in action. If you look at the daily chart of the S&P 500 futures continuation, you will see a large “W” formation. We closed […]
There are two labor problems on the west coast, the Canadian Pacific Railway Engineer and the Dock Workers in California. At the this time in California, cargo vessels are anchored off shore, at last count 14 container ships sit in the harbor waiting to unload their cargo. The waiting time in the harbor is up […]
Chairwoman Yellen would like to see the average wage earner receive a benefit from the FOMCs accommodative stance. Very nice, and we would love to see that as well, however; zero interest rates feeds not the average wage earner but rather the upper income earner, corporations and banks. Where does the average wage earner stand? […]
When money gets tight people start reinventing themselves thinking of new ways to create cash flow. Old vintage clothing is a good source of cash and a great way to clean up closets. Not all clothing is desired so it does take investigation to discover which items can be sold. Another way people are saving […]
There are two things that come to mind when reviewing the action of the markets: one is that markets do return to the trendline (either up or down and in this case was the uptrend line), and when a market wants to rally, it does so and ignores bombs exploding and banks imploding. This market […]
Although the current employment reports indicate an increase in jobs, the sad truth is that the jobs people are lucky enough to get are not enough to spur real growth. Why? Simple, the typical wage earner earnings are not keeping up with inflation and that means that there is little if any discretionary income left […]
What, bond fund exit fees!!!!!!! Anybody think that would cause a run for the exits? It would seem to us that a change in the documentation regarding redemptions on mutual funds would not be legal unless you allowed those who invested prior to that change, a chance to exit the fund. Think about the rush […]
