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As is typical of our calendar-driven society, the new year lends an aura of hope for what is to come. The stock market rarely escapes the effects of this optimism, and this year was no different as the Dow surged … Continue reading
Ok, I am officially tired of writing about Europe, so I thought I’d tackle the most-oft question in my thirty years of managing money: should I pay off my house? We tell clients there are two aspects to paying off … Continue reading
The Dow sank almost 200 points today on news that the European Central Bank was not going to play along and buy bankrupt countries’ bonds. This, despite good news in the US on the employment front, where initial jobless claims … Continue reading
This week a few influential countries came up with a chip to “chip in” to the crisis in Europe. The agreement by the Bank of England, our own Fed, the Bank of Canada, the Swiss Bank, the Bank of Japan, … Continue reading
How many Euro-salvation plans have been put forth by now? More than fifty? More than one hundred? I am not sure, but I can tell you that the latest plan will fail too, because Europe’s politicians remain one or two … Continue reading