How many times have we heard that China is the new land of opportunity and prosperity – that they have established a new model for economic growth and prosperity? It’s a place where everybody is equal, united in their common purpose, pursuing their common goal. How many times have we heard this and how great...Read More
My friend Iggy called me this morning and asked what my friend Craig asked me last night: Do basic market fundamentals still apply, or are they historically irrelevant? The speculation surrounding this is just silly. The recipe for investment success hasn’t changed since it began and neither have market fundamentals. In order to profit, you must sell something for...Read More
If anybody is still wondering why England didn’t join the Euro-Zone all they have to do is look at what’s going on in the region. First there was a Greek deal, and then there wasn’t. Then a scheduled referendum, and then a cancellation. Then there was a coalition, then nothing of the sort. The Italian Prime Minister won’t resign,...Read More
The northeast got slammed again this year. This storm, which arrived with little hype, packed one hell-of-a punch. From my vantage point, this is worse than Irene. The damage here in the northeast is extensive. Many areas will be out of power for a week or more, for a second time this year....Read More