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Is Europe on the ropes?

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. read more…

Geopolitical risk trumps economic growth

 

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. read more…

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A crowded trade

 

Just about everyone on Wall Street has jumped aboard the band wagon by now. Sure there are some that still think the market can go higher but the vast majority of investors are now expecting a major pullback. Welcome to what’s called a crowded trade. read more…

Obamacare confounds critics

 

Despite a coordinated and well-financed effort to sabotage and overturn  the Affordable Care Act, the open enrollment numbers this week indicate there is a ground swell of support by Americans for a universal and effective healthcare coverage. read more…

Do women have a choice?

Income inequality between the sexes in this country has always been a problem and it does not appear to be getting any better. Critics argue that much of the blame lies in the choices many women make in pursuing their education and career goals. I beg to differ. read more…

The Faint of Heart

 

It has been at best a bumpy ride for stocks this week. While events in Crimea are partially responsible, there are some underlying factors just below the surface that may have more to do with recent performance than would meet the eye. read more…

What’s wrong with this flight plan?

The next time you board a regional airplane remember this. The co-pilots responsible for your safety are making the minimum wage. That means they are earning about as much as the guy hauling trashcans outside your local supermarket or flipping fast food burgers and working a heck of a lot longer hours as well.  read more…

Hanging in there

Russia’s attempted annexation of the Ukraine, China’s internal economic woes, the less than auspicious enrollment numbers in Obama’s health care initiative are just a few of the difficulties that the stock market has had to overcome this week. Given the news, stocks are hanging in there. read more…

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About Bill

Bill Schmick was born in a blue-collar neighborhood of Philadelphia, just a few blocks north of “Rocky Balboa” territory where most of his Catholic schoolmates grew up to be either cops or criminals. He narrowly escaped both professions by volunteering to fight in Vietnam as a U.S. Marine... Read More

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