History will look back at the aftermath of the financial crisis of 2008 as a glaring example of the dangers of reactionary regulation. Don’t get me wrong; regulation – rules, if you will – is absolutely necessary, but like many things in life it needs to be treated with respect. The danger in regulation is…
The December “Santa Rally” in the market came just in time for Christmas and then faded in the low volumes of the week between the holiday and the New Year. So far 2016 is looking like a dud. Saudi Arabia is not a big fan of Iran and North Korea is testing nuclear weapons. Those…