The stock market is going ga-ga over Trump’s tax plans, and it is headed from the absurd to the still more absurd.
I’ve reviewed the plan. My conclusions are that it is, first, a war by the upper class on the upper middle... Read →
So many people are wondering why Rex Tillerson, Secretary of State, is playing a poor second fiddle to Donald Trump. More specifically, people are confused as to why a man of his stature, experience and track record would continue to let... Read →
I have spent a lot of time in Russia and have known a lot of Russians. Some of my Russian friends and contacts are brilliant.
I have also spent millions of dollars in online advertising across platforms like Bing, Adwords and Facebook. ... Read →
On October 2, 2017, the American Bankers Association (ABA) filed a new brief with a notice of supplemental authority in an ongoing lawsuit against the National Credit Union Administration (NCUA). The ABA now contends that the NCUA has... Read →
Since the election, the stock markets have enjoyed an almost unbroken period of exuberance. Many have contributed this both to Donald Trump’s promise to reform corporate and individual taxes and, more generally, to a relief rally... Read →
It is hard to get excited about Saudi Arabia’s decision finally to allow women to drive. I will leave that to Ivanka Trump, the New York Times, and many media outlets throughout the world.
After all, until now, Saudi Arabia has... Read →
Today saw a remarkable show of unity among football players and owners.
70% of the players are African-American. A few have followed a practice initiated by Colin Kaepernick before the election of kneeling during the national anthem in... Read →
Rape is a horrible crime -- and one that must not be tolerated. It happens everywhere, in developed as well as underdeveloped nations -- by young and older men alike.
In America, university campuses have too often, and too many times... Read →
He is the Emperor Without Clothes.
We are getting used to him. The tweets, elemental thoughts, name calling, and threats don’t set off alarm bells anymore. It’s just him – ho hum.
We are getting used to the stable... Read →
The last few days have brought increasing exposure to the fact that Facebook was completely infiltrated and abused by the Russians in order to perpetrate the coup d’etat that brought the monarchy to power in the US. As I have... Read →
Many investors, commentators and financial managers have perpetuated and subscribed to the fiction that those who want to protect themselves from an overvalued stock market should be moving to bonds. In fact, a recent New York Times piece,... Read →
Jamie Dimon, the Chase CEO and Tufts alumnus, blasted bitcoin today saying it is a fraud that will eventually blow up.
Bitcoin has enjoyed a tremendous run and may or may not be due for a significant pullback. It, however, is not... Read →
I remember the time when banks would regularly offer incentives (toasters, blenders, and the like) to open accounts, add money to an account, or upgrade to full service. Those were the times when they were competing with one another to... Read →
The football season kicks off this evening with the defending champion New England Patriots playing the Kansas City Chiefs.
I won’t be watching this evening. In fact, I won’t be watching any games this year or any games any... Read →
Facebook was completely taken over by fake news and fake advertising. It allowed itself – absolutely willfully – to be taken over by stories planted and paid for by Russian backers about everything from Hillary’s supposed... Read →