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Does An Inverted Yield Curve Signal Recession – This Time Could Be Different
When I was in business school, I was taught that an inverted yield curve is an extraordinary precursor of a recession. Indeed, the empirical evidence is there. Of the five recessions since 1980, all have been preceded, by 6 to 18 months, by... Read →
We Have Become Immune to School Shootings Already. How is this Possible?
Today’s news of yet another school shooting – this time just outside Houston – and the loss, yet again, of the lives of countless youngsters has my friends and colleagues outside the US calling and writing messages on... Read →
A Royal Marriage Truly Worth Celebrating
Like many Americans who have lived and spent time in the UK, I have never been able to relate to the reverence or the relevance of the royal family. It has been even tougher to understand how people in such distant lands (such as parts of... Read →
Image GQ
Legalization of Sports Betting Could Be a Final Step in the Conversion of the US to a Banana Republic
I have lived in and done business in some of the most corrupt and broken places on earth. Regrettably, America is now quickly joining the ranks of third world banana republic-type countries. Michael Cohen scampering around and trying to... Read →
6-Month 2.20% Promotional CDs Are a Come-On
About a year ago, some major investment banks began offering their clients promotional CD rates through their licensed banking subsidiaries. Their rates have been higher than nationally available rates and were offered only for “new... Read →
4 Exciting New Travel Rewards Credit Card Offers in May 2018
Editor's Note: The offers referred to in this article below have all expired. To view the most current travel rewards and cash back credit card offers, please visit BestCashCow.com's credit card section. May has already seen... Read →
Image Daily Mail
A Rock Solid Investment -- And Mothers Roll the Dice with the Lives of Their Children: A Story of Sex, Cancer, and Ignorance
I am talking here about a parent’s opportunity and responsibility to ensure that his or her daughter (son too) receives the HPV vaccine (the human papillomavirus vaccine), preferably between the ages of 11 and 12. This vaccine is an... Read →
May 2018 Brings Higher Savings Rates – Here are 5 That We Think Will Continue to Go Up
As we begin May 2018 and approach the second and third meetings of Jay Powell’s tenure as Chairman of the Fed, we are continuing to see savings rates firm up. While savings rates are improving, they are not where we expect to see... Read →
What is Really Happening between the Koreas?
Why such apparent and abrupt change of positions between North and South Korea? Is it, perhaps, fear on both sides of an unpredictable Donald Trump and what he might do without even a minute’s notice and certainly without... Read →
Image Courtesy: Evening Standard
Facebook’s Problems Are Just Beginning
In 2004, I founded a company called WiProx. The company was based on a vision that a ubiquitous platform could deliver contextual advertising to individuals who have opted into this advertising and who would receive consideration... Read →
The 10-Year Crosses 3% - As Public Interest in CDs Increases, Avoid Brokered CDs
I have come across a lot of people recently who believe that this is the time to lock into long-term CDs now that the US 10-Year Treasury has crossed 3%. I believe that both short-term and long-term interest rates will be much higher at... Read →
Image Courtesy: Newsweek
US Treasury Department Eases Sanctions on Rusal – Is this Trump Or Something Else?
The US government’s sanctions against Russians who interfered in the October 2016 US election seem to be having some impact. The most recent round of sanctions – directly against bizillionaire Oleg Deripaska – through his... Read →
The Six Biggest Crimes of Online Banks
It has been over 15 years now since I opened my first online savings accounts with ING Direct (now Capital One 360) and HSBC Direct (now HSBC Advance). In that time, I have experienced a lot of different service levels and experienced... Read →
Image Getty Images
Michael Cohen Is Not Flipping
Over the last two days, it has been very difficult to turn on the news without a major network reporting that Michael Cohen may flip and turn State’s evidence on the man who has employed him for a decade as his organization’s... Read →