Source neurope.eu All parties have finally come to an agreement which was meant to be a solution for the crisis in Greece. That is, if you believe pumping more money in a bottomless pit can be described as a ‘sustainable’ solution. More money will be forked over to Greece, and the European Central…
Over the past week most of my core market health indicators improved. However, none of them moved enough to change the core portfolio allocations. This is a little discouraging given the fact that the S&P 500 Index (SPX) has rallied sharply. The overall picture I’m seeing is a thinning market that is trying to recover….
We’ve all seen Mad Men, and many of us long for that lifestyle. The flash cars, the sharp suits and the business success. When it comes to both personal success and business success, appearance is undoubtedly important. But, what if your budget doesn’t quite stretch to the Mad Men lifestyle? Many of us are in…
First-mover advantages are overrated. Look at Microsoft. Bill Gates was prescient, and they were onto the cloud, internet of things, and smartwatches since the early-2000s. But Gates’ prophetic touch did not translate to groundbreaking success in those areas Instead, Google dominates the cloud, the internet of things is still nascent, and Apple is the frontrunner…
Oil prices suffered their biggest selloff in five months on Monday, falling as much as 8 percent as Greece’s rejection of debt bailout terms and China’s stock market woes set off a deepening spiral of losses. Adding to the pressure on oil, Iran and global powers were trying to meet a July 7 deadline on…
The federal government and Gulf Coast states announced a record-setting $18.7 billion settlement with BP on Thursday that resolves years of litigation over the 2010 Gulf of Mexico oil spill and delivers the largest environmental settlement ever. The settlement announcement comes as a federal judge was preparing to rule on how much the British oil…
Unless you make a lot of money or have saved up several hundred thousand dollars, then you will probably need to get a mortgage in order to purchase your first house. While it can be somewhat daunting to navigate the choices available, knowing the basics of what types of mortgages are available will help to…
A forward-looking indicator of home sales rose to its highest level in more than nine years in May, a sign the housing market is gaining traction after a shaky start to the year. The National Association of Realtors said Monday its index of pending home sales increased 0.9% to a seasonally-adjusted 112.6, the highest level…
Every investor knows that diversification is an important weapon in the battle to protect your portfolio. The wider your range of investments, the smaller the risk of chaos in one market having disastrous consequences for you, so those in the know are eternally on the lookout for new trading opportunities.The foreign exchange can have a…
If you haven’t heard of Jott, go ask a teenager. A white-hot new app for instant messaging, Jott has nearly 500,000 monthly users and one million app installs after just three months on the market. You might think there’s no need for yet another messaging app. But, Jared Allgood, CEO and co-founder of Jott, said…
