WASHINGTON: For the most part, government employees are hardworking people who administer the various services that government, at all levels, provides. They deal with an often difficult public who insists that the government owes them something. And pleasing the entire public is nearly impossible. Then there are those that fall under the title Bureaucrat On the ...
For experienced investors, the main attraction of doing business with discount houses is that they offer deeply discounted sales commissions on securities trades compared to heftier commissions charged by large, full service houses.
This installment discusses the difference between the two varieties of brokerage house. We'll then see what you get (and what you don't) by choosing a full service house.
For Wall Streeters, traders and investors alike, Labor Day marks a brief pause before September trading action gets underway.
From the outset of his presidency, Trump began his winning streak by rescuing the moribund American economy he inherited from Barack Obama.
The United States and Mexico announced this morning they will effectively repeal and replace their end of NAFTA with a newly-negotiated US-Mexico Trade Agreement.
To rally successfully, stocks overcame the abrupt conclusion of China trade talks, the Jackson Hole Fed confab and the latest MSM frenzy over the Manafort and Cohen convictions.
Where do you generally park the money you're saving for investing in stocks? Answer: Purchased money market funds and brokerage house bank sweep accounts.
The usual financial pundits blame today’s market malaise on the usual suspects. These most prominently include escalating China trade tensions and the Michael Cohen post-conviction rumor mill.
Obama apologists prefer to own the ongoing Trump Bull Market, while downplaying Trump's heroic work in getting it underway.
The MSM predictably obsessed over Tuesday's Paul Manafort trial results and the greatly over-hyped Michael Cohen conviction. The current, awesome Trump bull market — not so much.
Today, without advance notice, China trade talks have erupted once again. So, is President Trump winning his trade war with China?
It’s that element of the Turkish crisis – the fast-declining Turkish lira – that’s got traders and investors spooked. And it’s not just occurring in U.S. and Turkish markets. The ongoing Turkish crisis is rattling markets all over the world.
Because the Turkish economy is so substantial, any worsening in that country’s currency crisis is capable of roiling the world’s banking institutions rather badly.
WASHINGTON: Unlike the prior administration who was more than willing to give away America’s wealth and power, President Trump understands US economic power. And he is using the wealth and power of the United States to the country’s full advantage. President Trump knows that since the US is holding all of the aces it is ...
the overall market for stocks stalled on low volume. On Friday, it proceeded to tank. This was a typical reaction by the market to Turkey’s currency issues (among others), plus the resulting negative headlines.
WASHINGTON. Back in the mid-19th century, the once-powerful Ottoman Empire tottered on the edge of economic ruin. John Russell, a two-time UK Prime Minister, termed that country a “sick man.” And that epithet stuck. With a little embellishment. Other political wits Christened the Empire “the sick man of Europe.” Today, under Turkey’s modern dictator, Recep Tayyip Erdoğan, ...
Forty-Five liberal groups are demanding that the Facebook advertising policies allow anyone at any time have the right to place any ad. Which is dangerous.
Substantial numbers of Trump supporters, conservatives and variously-flavored Republicans are bailing on both Facebook (symbol: FB) and Twitter (TWTR).
It’s not unfair to compare the actions of both Facebook and Twitter to the IRS’ illegal strangling of would-be conservative PACs.