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Jim Jordan, Congressman from Ohio – Holier Than Thou
Congress is full of performers and light-weights, now more than ever. One, Jim Jordan from Ohio, is someone who loves the spotlight and who lacks much class. He clearly enjoys the special thrill of appearing to be the people’s... Read →
Image Courtesy: Financial Tribune
Still No Rush to Gold
With the tariff wars, the collapse of international order, Russia’s continued influence on all things political in the US, and a country split in half politically, it is hard to believe that the stock market will continue to enjoy... Read →
Image Courtesy: Talking Biz News
Constant and Completely Inappropriate Advice on CNBC: “Just Buy the 2-Year Treasury”
The recent rise in the Fed Funds rate and in short term rates – and real fear of economic instability caused by Trumputin’s erratic behavior and US imposed sanctions – is leading virtually every talking head on CNBC to... Read →
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Chase Makes the Hyatt Card A Sensible Alternative to Sapphire Reserve
BestCashCow has been a big fan of the Hyatt program for many, many years. We’ve always viewed Hyatt points as among the most valuable points that you can accumulate for your credit card spend. Historically, only your spend on the... Read →
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Move Over, Amazon is Here
It’s all happening fast, and well. That’s how Jeff Bezos does it. No longer should anyone wonder whether Amazon might move and move rapidly into and through broad swaths of the healthcare industry. There are clear directions... Read →
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A Five-Year Certificate of Deposit Paying 3% in 2018 - Revisited
When we began 2018, I wrote an article predicting that that we would see 5-Year CDs offering 3% in 2018, and recommending that depositors wait for the 3-handle before pulling the trigger and buying these products. We have seen 5-year CD,... Read →
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The World Cup Shows Americans What is Wrong with Football, Basketball and Baseball
I played soccer growing up in the 1980s and my daughter plays growing up these days. It is still a great sport for children, but it really has never taken off as a spectator sport. Americans just don’t gravitate towards soccer. ... Read →
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"We are Better Off than We Would Have Been with Hillary"
But, Trump is risking an economic disaster like no other.
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June 2018 Savings and CDs Update: Federal Raises Fed Funds Target to 1.75% to 2.00%, 5 Opportunities to Look At
The Federal Reserve raised the Fed Funds rate by 25 bps to a target of 1.75% to 2% this afternoon. The move marks the seventh such move since the Fed began moving the Fed Funds rate from zero in December 2015, and the second in Jay... Read →
Buy Options, Feed Story to Wall Street Journal, Make Fortune, Rinse and Repeat
The hedge fund model can be a great model. Many titans in New York have made fortunes trading on other people’s money and some have even done so legally. Yet, the reality that is exposed in the Showtime show Billions is that a... Read →
Image Politico
A Huge Dilemma for the American President
After a whirlwind trip to Ottawa during which Trump alienated our major G-7 allies, followed by a meeting with Kin Jong-un in Singapore in which Trump managed to alienate South Korea, our President flies home to Washington where he faces... Read →
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You can Barely Read a Teleprompter and Now You’ve Written A Book?
I tuned into CNN this morning to get the latest news of the Singapore summit. I try not to watch CNN anymore because it has basically become nonstop nonsense fronting as “Breaking News”. This morning I did get a speck of news,... Read →
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It Ain't Going to Happen
They will meet, smile at one another, and Kim Jung-un will quietly tell Trump he wants to quickly “denuclearize,” and that doing so is his highest priority. He promises, as a first step, to open for inspection his newest and... Read →
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Years of Earning Points and Miles for My Credit Card Spend With Only a Few Regrets
I have been earning points and miles for my spend – all of my spend – for many, many years. I know that I have played the system well, earning valuable hotel stays and airline tickets (and transferrable points) that have... Read →
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