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Banks and Credit Unions Should be Very Afraid if Checking Accounts Are on Amazon's Agenda
Checking accounts are already a loss leader for banks and credit unions. They aren’t a high margin product, but are offered to create a nexus to customers who may then interact with the institution in other higher margin deposit and... Read →
This Qualcomm Debacle Would Look Awful If It Happened In the Third World
Many who follow financial news have been aware that Qualcomm has been battling against a hostile takeover by Broadcom since last fall. Qualcomm is the wireless technology company whose stock seemed to multiply weekly in 1999, but has been... Read →
Image Fine Art America
With Jared Kushner in the White House, Americans Have No Need to Invest in Emerging Markets
Generally, emerging market investing gives American investors (or Western European investors) the opportunity to achieve higher returns on their investment in return for the increased risk associated with a system involving a certain... Read →
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5 Savings and CD Accounts to Take a Look at In March 2018
Savings and CD rates continued their climb towards the end of February. We expect rates to continue to go up into Jay Powell’s first meeting as Fed Chairman. Powell’s testimony in front of Congress this week has made very... Read →
Image Courtesy: Dentons
Georgia Just Shot Itself
Georgia's attack on Delta Airlines for shedding its NRA ties following the Parkland massacre will cause Amazon to look elsewhere for HQ2.
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Image Associated Press
One Hope in A Sea of Hopelessness
America is in a very bad place today, no matter what perspective one takes. Politically, one is deluged by intrigue, chaos, corruption, greed and ignorance from the party in power; and the Democrats, with rare exceptions, have little to... Read →
Image Courtesy: NY Post
Rick Gates Cops a Plea With Mueller; How It Leads Us to a Constitutional Crisis
The evidence against Rick Gates is overwhelming. The evidence against Paul Manafort is also definitive. By turning Gates, Mueller is going to get additional insight into the collusion between the Trump campaign and the Russians. Since... Read →
Five Reasons to Raise Cash Now
You have probably been making a lot of money in stocks for some time now, or are jealous of those who have while you sat on the sidelines. However, there are reasons for raising cash in your portfolio right now. Here are five of... Read →
It's Finally Time to Follow Australia
In April 1996, some lunatic opened fire in the Tasmanian town of Port Arthur, killing 35 and wounding 23. Port Arthur involved only a single shotgun and a single deranged individual. Yet, Australians were sensible enough to just say... Read →
Image NBC News
Open Season
Special Counsel Robert Mueller’s latest charges that Russia did indeed play a major and invasive role in the 2016 Presidential Elections, are finally incontrovertible evidence that Russian operatives did everything they could to take... Read →
Five Online Savings Accounts and CD Accounts to Consider in February 2018
Rates are clearly going up now. Whether you have extra cash that you are looking to move from a bank paying basically nothing or are removing money from a volatile stock market, here are some places to consider putting your money today.... Read →
Image Courtesy: CNBC
Where Have All of the Bank Branches Gone?
A recent Wall Street Journal report indicated that there have been unprecedented closures of bank branches in the 12 months ending June 2017. Some 1,700 branches were closed that period, the largest one-year decline ever recorded. And,... Read →
Bitcoin Cannot Get to Zero Fast Enough
The stock market is coming off of its most recent highs quite dramatically, and CNBC is full of pundits trying to explain its fall and guess about its future. People who loose money in the market today will no doubt have opportunities to... Read →
Image Courtesy: Vanity Fair
Where is My Roy Cohn?
Donald Trump, at a moment of great insecurity, was heard recently to exclaim, "Where is my Roy Cohn?" It was, at the same time, unsettling and telling. Unsettling because it revealed much about Trump when he is most... Read →
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