He was a very successful investor from the late 1800’s to the early 1900’s. And the lessons he learned are ones that can be perfectly applied to today’s times.Read more »
Never in the history of the NFL has there ever been anything like this. Today, Tim Tebow engineered yet another miraculous 4th quarter comeback. Almost everyone has been expecting this unprecedented string of comebacks to come to an end, yet Tebow just keeps pulling off miracle after miracle.Read more »
The “Economic Miracle State” of North Dakota pumped another record amount of oil during the month of October, producing more than 15 million total barrels in a single month for the first time ever, at a daily rate of 488,068 barrels.Read more »
Tis the season for higher interest rates.
Compared to its foreign counterparts, the U.S. stock market is one of the best performers this year – even though some nervous investors may find that hard to believe.
The Standard & Poor’s 500 Index is basically flat so far this year, but that’s a far better performance than the double-digit losses in other markets.
The French and German stock markets are down about 18% and 21%, respectively. Japan has plummeted nearly 15% in the aftermath of the crippling earthquake and tsunami, and China’s Shanghai Composite Index has plunged about 17%.
“The U.S. is the best house in a bad neighborhood,” James Dailey, manager of the TEAM Asset Strategy Fund, told CNN. “A lot of it has to do with the policy decisions and politics around the world and that’s very discomforting.”Read more »
I’ve started to notice something about my spending habits, and maybe you can relate. When I’m sad, stressed, or emotional, I often justify expenses by telling myself “I deserve it.”Read more »
The year is almost over, and the world’s supposedly “advanced” economies are still falling into chaos. Whether it’s Europe, the U.S., or Japan, the outlook for 2012 looks dismal.Read more »
My interest is in the future because I am going to spend the rest of my life there.”
– Charles Franklin Kettering
There’s a lot of pessimism out there amongst investors as they worry about growth… But the fears about a no-growth economy are overdone and the financial media is only covering the problems.Read more »
Jill Sommers, the CFTC Commissioner who is leading the investigation into the MF Global bankruptcy gave some important testimony to the House today that has been overshadowed by the expected appearance of Jon Corzine.Read more »
The U.S. municipal-bond market is 28 percent larger than reported in June, according to a quarterly Federal Reserve release, which used new data showing individuals own more state and local-government debt.Read more »