In Search of a Way Out?

Do you get the feeling that you have entered the twilight zone this week? Events certainly appear to point toward that – beginning with unprecedented wide spread tariffs that threaten to destabilize US and other countries, followed by a customer being refused...

India botches currency roll out once again

In an attempt to replace the 10 rupee note ($0.15) that has more than five billion in circulation with a 10 rupee coin, India once again botched the transition and clogged up parts of the economy that still operates on a cash basis. India’s central bank – The...

Here we go again!

A decade ago this week, Bear Stearns got sold for $2 per share to JP Morgan Chase and six months later Lehman Brothers folded and went out of business. Regulators promised to prevent a repeat and began a process of instituting controls – more reserves,...

Protectionism – Hallmark of The New World Order

China’s decision last week to repeal presidential term limits and allow Xi Jinping to extend his tenure for his lifetime follows Vladimir Putin’s successful sidestepping of term limits in Russia earlier this decade. These two countries have clearly stamped their...

Impartial Advice Kills the Bonus

Here is an excerpt from the front page of the Wall Street Journal on Jan 11, 2018 – “Investors who seek advice from discount brokerage firms might assume the counsel they get is impartial, given how these firms have rejected the old Wall Street model of working...