Japan is an island nation surrounded by countries who have expressed hostile intent in one form or another over recent years. It is also faced with turning around an economy that until recently was mired in a decades-long malaise. The launching of the “Izumo”, a 19,500-ton aircraft carrier, last week may be Japan’s answer to both problems. (more…)

Recently, the minimum wage in America has been the subject of much debate. Proponents of increasing the wage argue that people holding those jobs can’t possibly make ends meet. Those against it contend that by doing so even more people would be priced out of the workforce.  Why should you care? (more…)

Will the Fed taper? If so, when will they taper and by how much? No one knows and because the markets just abhor the unknown, it is why the stock market declined this week. Pay no attention to these histrionics. (more…)

 

This has to be the most-hated stock market rally in history. No one trusts Wall Street or the stock market and just about everyone is looking for an excuse to sell. There isn’t a day that goes by without some lionized Wall Street sage predicting the top of the market. That’s why it will continue to go up. (more…)

It was not that long ago that the world questioned whether the European Union and its currency would survive. Portugal, Greece, Spain and even Italy appeared to be hovering on the brink of economic disaster.  Europe was a basket case but today that assessment may be changing. (more…)

There were times in the past when farmers needed the government’s protection. There may even be a limited need for it today, despite the good times many in agriculture have enjoyed in recent years. However, nothing can justify the travesty that congress has offered the taxpayer in its new five year plan for agriculture. (more…)

 

The markets have spent most of this year focusing on concrete things like the economy, jobs, the Fed’s stimulus program and corporate earnings. However, we are entering that time of year when our dysfunctional political parties may once again roil the markets in an attempt to justify their miserable existence. (more…)

 

The decision by congress to pass a version of the new farm bill which excludes the food stamp program caused a fair amount of concern throughout America last week. Unless a compromise is reached with the Senate by September, it will mean that a lot of people, especially children, are going to go hungry in the months ahead.  (more…)

Nothing is Simple

 

The biggest risk to the markets this week was Fed Chairman Ben Bernanke’s testimony before congress. Despite worries that he would say something that would send the markets into a tail spin, he did nothing of the sort. When it comes to the Fed, Wall Street may be its own worst enemy, and here’s why. (more…)

Do you believe?

It may well be the most-hated stock market rally in recent history. Every time we hit a new high, as we did this week, investors brace for the next pull back. When the declines do occur however, they are shallow and soon recover. What is that telling you? (more…)