This passing of the first step in Health Care Reform has this crowd in shock. They have been in financial control of this country since the early 80’s when the Reagan Supply Side tax cuts set the stage for deficits…Continue Reading →
A little good news as Washington Healthcare battle continues. Here is today’s NYT article on deficit reduction. http://www.nytimes.com/2010/03/18/us/politics/18simpson.html Todays market and the market over the past six months is one marked with lackluster volume. Three reasons seem obvious to me:…Continue Reading →
With the consumer and bank balance sheets in dire straits, Ben being a student of depressions has no choice but to buy time and hope for a miracle. Low interest rates help two groups, 1) the banks as they can…Continue Reading →
Why does the stock market rally when it thinks reforms of Health Care and Financial Markets are dead? From my perspective it may help to look at what I believe the goals are: 1) We need to reform health care so our…Continue Reading →
when only 10 percent of the country is crying out for help. The majority don’t want to fix anything and the lobbyists want to protect the fat cats. It would appear the easiest solution is, lets let thing run wild. The…Continue Reading →
As Washington grapples with Financial Regulation and the Volcker Rule gets closer to passing it may be time to revisit why the financial markets need tightening up. So, why not revisit Hank Paulson, our local boy who made it big, going…Continue Reading →
2007 was the year that Wall Street could make skunks fly. The dollar was in free fall and mania reined. If you watch the cable channels you would think that the stock market will act like 2007 again even though…Continue Reading →
Over the next two weeks we will outline some macro factors that point in our opinion to a much stronger dollar and a much weaker gold market over the next seven years. The format of this website will also change…Continue Reading →
Since January 21st of this year when the 21 day average hit 1114.61 the market has been a short-term reactionary toy with participants picking at straws. Going down for a few days, then up for a few days. At the…Continue Reading →
The title is kind of tongue in cheek but no doubt has an element of truth in it. Today a new Washington Post/ABC News poll shows that two out of every three Americans are “dissatisfied” or “angry” with the way…Continue Reading →