The $128 Billion Bump

October 28, 2019 Some interesting activity from the Federal Reserve recently flew under the radar. The rate cut grabbed the headlines, as always. But what was less reported was how the New York branch of the Fed pumped billions of dollars into money...

American Icons are Becoming Junk

October 21, 2019 There have been repeated warnings (by me and others) to avoid weak or troubled businesses with highly leveraged balance sheets. Such firms were favorites of value seekers, but more and more of these companies are being rated as “junk” by rating...

Buffett’s Stock Dumps, Cash Pile are Telling

October 7, 2019 Warren Buffett, the “Oracle of Omaha,” is considered one of the greatest investors of all time – perhaps the best ever. He’s delivered investors an annualized return north of 20 percent for more than 50 years. If you invested $100 at the start of his...

Baby Boomer Bankruptcies Ballooning

September 30, 2019 Bankruptcy filings among the Baby Boomer generation are skyrocketing – a five-fold increase over 25 years! So many Boomers are filing that every seventh bankruptcy filer is age 65 or older – more than 14 percent. In 1991, only 2 percent of...

Costly Trade War Rolls On

September 23, 2019 The trade war has been going on for a year. And while I agree China needs to be held accountable for its actions, are tariffs the right answer? China is culpable and deserves some sort of punishment. Theft of intellectual property and many...