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55 Ways To Save Money on Your Utility and Water Bills
55 Ways To Save Money on Your Utility and Water Bills The single biggest expense most households have are their utility and water bills. Sometimes those two bills combined are more expensive than the mortgage. Sometimes those two bills are the same as the mortgage and monthly groceries. In other words, they are just expensive. […]
Russia & China Invest in Infrastructure; U.S. Instead Spends on Military
Russia & China Invest in Infrastructure; U.S. Instead Spends on Military China’s “Belt and Road Initiative” is famous as an extension of their domestic infrastructure investments, but Russia is also investing heavily in infrastructure. Both countries need to do it in order to improve the future for their respective populations, and both Governments have avoided […]
The Global Economy and Political Murder: Why Trudeau Won’t Stop Arms Sales to Saudis
The Global Economy and Political Murder: Why Trudeau Won’t Stop Arms Sales to Saudis Photo Source 2017 Canada Summer Games | CC BY 2.0 Almost 5,000 miles from the city in which his corpse was secretly buried – in one piece or in bits – by his Saudi killers, Jamal Khashoggi’s murder now rattles the […]
The Italian people must understand that their country is at war
The Italian people must understand that their country is at war The conflict between the European Union and Italy is a full-blown financial war. Euro countries cannot print their own money and for that reason they cannot have an endless deficit. Countries within the eurozone have to live within their means or else, without the […]
Bubble-Watcher, Bob Shiller Warns “We’re Primed To Repeat 2008” As Housing Momentum Slows
Bubble-Watcher, Bob Shiller Warns “We’re Primed To Repeat 2008” As Housing Momentum Slows The US housing market is anything but healthy and even most bullish of realtors (especially since “it is difficult to get a man to understand something, when his salary depends upon his not understanding it”) is admitting that all is not well. […]
Global Stocks Plunge Again And A Former Reagan Administration Official Is Warning Of A “40% Crash”
Global Stocks Plunge Again And A Former Reagan Administration Official Is Warning Of A “40% Crash” Stocks are falling again, and many believe that this new crisis is only just beginning. After a disappointing end to last week, a lot of investors were hoping for a bounce to start this week, but so far that […]
Nassim Taleb Explains How The Global Economy Is More Fragile Today Than In 2007
Nassim Taleb Explains How The Global Economy Is More Fragile Today Than In 2007 In what was incredibly appropriate timing given the ‘shocktober’ market blowup, Bloomberg News invited “Black Swan” author Nassim Taleb to its set on Halloween for a discussion about the increasingly fragile market ecosystem in which we all reside, and the mounting […]
“The Big Short’s” Steve Eisman Is Shorting UK Banks, Expecting A Hard Brexit
“The Big Short’s” Steve Eisman Is Shorting UK Banks, Expecting A Hard Brexit Amid fresh reports that Theresa May may have a “secret” Brexit deal up her sleeve, one that would finally allow her to secure a deal that could win parliamentary approval thanks to a major concession from the European Union, one famous trader […]
The Fed Crying Has Begun
The Fed Crying Has Begun So stocks dropped a little in October. Ok they actually dropped a lot and all of a sudden the S&P 500 was miles away from the all those optimistic 3,000+ year end targets. And what happens when stocks drop hard? Bulls cry for the Fed to come to the rescue. […]
Why Bad Economics Makes Such Good Politics
Why Bad Economics Makes Such Good Politics As the election nears, politicians will more and more frantically point out what wonderful favors they’ve done for the voters — or what favors they will do for the voters, if elected. Of course, they never mean all the voters. They mean groups or individuals within the voting […]
US Threatens SWIFT With Sanctions If Iran Isn’t Cut Off
US Threatens SWIFT With Sanctions If Iran Isn’t Cut Off Treasury Secretary Steven Mnuchin threatened the global financial messaging service SWIFT on Friday that it could be penalized if it doesn’t cut off financial services to entities and individuals doing business with Iran. The warning came just days ahead of the US re-imposition of all […]
Will Your Retirement Efforts Achieve Escape Velocity?
Will Your Retirement Efforts Achieve Escape Velocity? Sadly, most of us will outlive our savings The concept of ‘retirement’, of enjoying decades of work-free leisure in your golden years, is a relatively new construct. It’s only been around for a few generations. In fact, the current version of the relaxed, golfing/RV-touring/country club retirement lifestyle only […]
Weekly Commentary: MBS and the Core
Weekly Commentary: MBS and the Core The Dow (DJIA) traded as low as 24,122 in late-Monday afternoon trading. By Friday’s open, the Dow had rallied 1,457 points, or 6.0%, to 25,579. Relatively speaking, the Dow was a tame kitten. From Monday’s intraday lows, the Nasdaq100 rallied as much at 7.8%. The Semiconductors won this week’s […]
Is the “world” actually getting better? Depends on your definition of “world”
Is the “world” actually getting better? Depends on your definition of “world” A frequent critique of the daily news flow is that it is filled with negative events. This is partly a product of the human nervous system. We react very quickly to perceived threats and more slowly to hope of gain or pleasure. Editors […]
