Monthly Archives: April 2016

“It’s Coming Apart At The Seams” – U.S. E

Once again, US equities have given up the ‘great’ jobs report gains and are plunging fast with The Dow suffering its worst day in 6 weeks. FX markets are turmoiling (USDJPY <108) and bond yields are collapsing to on-month lows. European and US banks are tumbling as despite Dimon’s bottom and the coordinated ease-fest of the world’s central banks, investors prefer…

The Costs & Consequences Of $15/Hour

What’s the big “hubbub” over raising the minimum wage to $15/hr? After all, the last time the minimum wage was raised was in 2009. The argument for increasing the minimum is to create a “livable wage” for those working at that level. Given the amount of table pounding that has ensued after the current administration proposed increasing the minimum…

Sometimes We Win, Other Times…

Sometimes we win, other times we lose and still other times we sit there and think‘Oh #%[email protected]&!!!!, why did I nickel and dime this thing yesterday in trying to get a bid to fill?  #[email protected]!&# damn me all to hell!’ I did exactly that latter thing with AAU yesterday as it had settled down toward…

Book Review: Money Mindset By Jacob Gold

In The Money Mindset – Formulating a Wealth Strategy in the 21st Century, Jacob Gold traces the key components for building financial fitness, such as finding the right mindset, understanding risk, asset allocation, and diversification. He introduces the importance of understanding taxes and insurance. He gets the big picture on taxes, which is that you should pay the…

Draghi Has Ruined Europe

Well, the central bankers are really beginning to fail in a very public way. Kuroda has obviously made a complete shitshow out of the senior citizens colony known as Japan. Yellen has, so far, been given a free pass by the blinkered, pig-ignorant American public, who are too busy watching the Kardashians, but trust Tim on this, she will have her comeuppance….