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Illusions About An Ethical Congress Shattered
I grew up in Europe and have spent a considerable amount of my time conducting business there as an entrepreneur. The inherent corruption in the system in Europe made it a very difficult place to conduct business -- whether graft is... Read →
Toasters to Interest Rates
"It's very important, if you have something really important, write it out and have it delivered by courier, the old fashioned way because I'll tell you what, no computer is safe." Donald J. Trump, December 30, 2016,... Read →
Like Leningrad in 1990
I lived and practiced law in Moscow from 1994 to 1996. Ever since it became apparent that Putin and Russian hackers influenced the US election, I have been inundated with questions from friends about how I feel about Russia’s... Read →Following the Fed's movement of the Fed Funds rate to 50 basis points last week, we are finally seeing competition for your hard earned cash. Here are a couple of neat offers that caught our eye.
Read →Following the Fed's rate increase yesterday - only the second in over a decade - this is a very bad time to be buying long term CDs, even if it is in conjunction with a strategy of buying short term ones.
Read →Anything for Trump too?
Read →As the Price Earnings Ratio for the S&P 500 Crosses 26x, Stock Market Investors Turn Uniquely Myopic
With the S&P closing the week at 2259 (and the Dow at 19,757) market observers are seeing something that they want to see, but ignoring reality.
Read →Over the next four years, small and medium-sized financial institutions will become more competitive with the larger ones due to less regulation.
Read →Mnuchin will be responsible for trillions of dollars but totally ignorant of the important difference between LESS AND FEWER.
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