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SOME OF THE FANGS HAVE COME OUT OF THE FAANG’S

December 17, 2018

There’s a strange phenomenon in the stock market that recurs from time to time. A popular stock, that has become a megastar and is shooting for the moon, suddenly falls back to earth; at least part way. The luster becomes tarnished. This is why former Fed Chairman Alan Greenspan coined the phrase “irrational exuberance.” He was speaking… View Article

WHAT IS GOING ON WITH BREXIT NEGOTIATIONS?

December 3, 2018

“Don’t let the door hit you on your way out.” That is an old adage that has been used sarcastically when someone’s exit is mocked. Symbolically, Europe is telling Great Britain just that as fair warning to any other member of the European Union (EU) who might consider an exit. Brits voted in 2016 to… View Article

WHAT IS HAPPENING IN TURKEY

October 22, 2018

Geographically, the country of Turkey stands in an interesting location, straddling two continents, with Eastern Europe at one door and Iran at the other. It has a colorful past with historic roots in the Ottoman and Byzantine empires. It shares borders with Syria, Iraq, Armenia, Georgia, Bulgaria and Greece. Most of the country is considered… View Article

OIL PRICES; WILL THERE BE CONTINUED DREAD AT THE GAS STATION?

August 13, 2018

The pain at the pump has really hit home for many Americans during the recent holidays with prices that have averaged 73 cents more than a year ago. The average price of regular gas nationwide was $2.26 a year ago. The price of gas on Independence Day was the highest in four years. A barrel… View Article

TARIFFS: WILL THEY THROW A WRENCH IN THE MARKET?

July 30, 2018

For years, the United States has held the distinction of being an economic superpower. We have been the world’s banking center, our currency has been the reserve currency for the world and English has been the language of international business. The U.S.’s economy dwarfs most and few countries were even a close second place in… View Article

RETURN TO PAIN AT THE PUMP

July 2, 2018

Americans had become somewhat complacent about fuel prices in the past few years, enjoying prices at the pump that had dropped from $4.11 in 2008 to $3.64 a gallon in 2012 to $3.37 in 2014 and much further during the next three and a half years. Those sky-high prices of 2008 through 2014, which had… View Article