At the beginning of the year Wall Street was certain that interest rates were on their way up. Investors dumped all kinds of bonds anticipating that prices would plummet.  Bond prices did the upset. Go figure. (more…)

 

The nation’s workforce has experienced some traumatic events over the past five years. Between the financial crises, global competition and the slow pace of domestic economic growth, is it any wonder that employment in the U.S. is not what it should be? Yet the biggest challenge of all may be right around the corner as the Baby Boomers retire in droves. (more…)

Labor on their mind

 

It is that time of the year again when the world’s central bankers gather together in Wyoming to sort out the economic conditions of the global economy. This year most bankers will be looking at labor growth, or lack thereof, and what to do about it. (more…)

Financing ISIS

 

Out-gunned, out-manned and out-financed, terrorists should be logically on the losing end of any combat engagement. And yet,   they exist and sometimes flourish despite the odds. Much of their success can be attributed to cash, the life blood of any army, and their increasingly sophisticated method of raising.it. (more…)

Just a few months ago things were looking up in Europe. The economy seemed to be growing modestly, their central bank was talking about further efforts to stimulate the economy and even the PIGS were beginning to recover. And then came Putin. (more…)

You’ve been saving for retirement over these past twenty-five years. Month after month you have put a little away and watched it grow. Now that you are ready to retire, you need to confront an entirely new concept—spending that money. (more…)

 

The front page of most newspapers on Friday featured at least three hot spots around the world that has investors worried. None of them may be anything to worry about over the long term, but over the next few weeks they have the potential to drive the stock market lower. (more…)

 

Twenty thousand Russian troops are massing along the Ukraine border. Yesterday, in retaliation for another round of Western sanctions, Vladimir Putin imposed sanctions on certain U.S. and EU imports. And yet the markets barely registered the event. Are investors a bit too complacent? (more…)

 

“It makes no sense,” groused a client Thursday afternoon. “Second quarter GDP rebounded to 4% and the markets sold off.”

Actually, it does. (more…)

 

In recent weeks, politicians and concerned citizens alike have decried the growing number of corporations that have opted to renounce their citizenship and move off-shore. Rather than simply playing the blame game, a better approach might be to examine the underlying cause for this growing exodus. (more…)