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Putin Fires Tillerson Image CNBC

Putin Fires Tillerson

News is just out that Rex Tillerson has been replaced by Mike Pompeo as Secretary of State. Of course, we had predicted Tillerson’s ouster for some time, and had indicated late in 2017 that Tillerson was waiting for his deferment... Read →

EverBank’s 3-Year Petrol Currency Marketsafe CD: A Different View on A Dirty Pool

We’ve written before, multiple times, about EverBank’s currency CD program. We addressed these products most recently here, having first addressed them here. The EverBank 3-Year Petrol Currency Marketsafe CD - like the... Read →
When Not to Draw on Your Home Equity Line of Credit Image Celebsiren.com

When Not to Draw on Your Home Equity Line of Credit

For many years, we have written about appropriate and inappropriate reasons to have a home equity line of credit. In particular, home equity lines of credit can be used to consolidate more expensive debt (credit card, education loans,... Read →

Setting the Record Straight on Gary Cohn

Gary Cohn resigned on Wednesday as the Director of the National Economic Council and Chief Economic Advisor to Donald Trump. The media has been very generous to Cohn, writing about how principled he was to resign on the basis of a... Read →
Banks and Credit Unions Should be Very Afraid if Checking Accounts Are on Amazon's Agenda Image Wired.com

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 →
With Jared Kushner in the White House, Americans Have No Need to Invest in Emerging Markets 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 →
5 Savings and CD Accounts to Take a Look at In March 2018 Image Pexels

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 →
Georgia Just Shot Itself 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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One Hope in A Sea of Hopelessness 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 →
Rick Gates Cops a Plea With Mueller; How It Leads Us to a Constitutional Crisis 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 →
Open Season 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 →