Are we headed over the “fiscal cliff” or will our politicians come to an agreement? Your guess is as good as ours, but as there is at least some chance we could go over the cliff, we should spend some time understanding what that would actually mean. The first impact that most of us will…
My guess is that there is only one positive outcome all Americans can agree on as a result of last night’s election: no more political ads…until the next time anyway. Now that all the theatrics are over it is time to get back to reality. I was surprised last night not to hear any exit…
What should we think about last week’s jobs report? As I am sure most of you have heard by now the official unemployment rate is finally below 8 percent at 7.8 percent, according to the Department of Labor’s Bureau of Labor Statistics. Since the release of the report the talking heads on CNBC have become…
“Our destiny is frequently met in the very paths we take to avoid it.” – Jean de la Fontaine We are all products of our experiences. Sometimes in life we, or someone around us, make a mistake whose consequences are so painful we promise we will “never do that again.” Too often in those circumstances…
Oscar Wilde famously described a cynic as a man who “knows the price of everything but the value of nothing.” If he was right, Wall Street must be full of cynics. There really has been little news on the investment front of late. The Europeans have been on holiday – which, I must admit, is…
