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The Brexit Primer

At this time next week the results of a United Kingdom referendum on whether or not to leave the European Union will be announced to the world. The polls are too close to call and the odds are changing every day. For the past several days equity markets worldwide have been selling off in fear that the Brits will vote yes to a Brexit. Why so much angst over one country leaving the EU? read more…

The only game in town

Investors are scratching their heads in confusion. How can U.S. stocks, bonds, commodities and the dollar all go up at the same time? It flies in the face of historical relationships that have been around for years. Thank the central banks of the world for the present situation. read more…

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One for the little guy

The retirement world is changing. A long-sought after regulation by the Department of Labor was released in April. It goes a long way toward protecting retirement savers from brokers and insurance agents. Here is what you need to know. read more…

Summertime, but nothing seems easy

 

After a couple of days of hand wringing, traders are now going with the notion that if the Fed raises rates in June or July, it may actually be good for the economy. Don’t put too much stock in that, however, because herd sentiment can turn quickly with one simple statement from the Fed. read more…

Markets Reset on Fed warning

 

warningThe markets fell and kept falling most of the week. Investors fear that at the Fed’s next open market committee meeting in June, Federal Reserve Bank Chairperson, Janet Yellen, will decide to raise interest rates again. read more…

Let’s have a jewelry party

 

Contrary to all the present and future trends in retailing, multi-level marketing (MLM) is still alive and well in this country. Exactly what is MLM and why are so many Americans enamored with hitting up their friends and relatives in an effort to succeed at personal retailing? read more…

Traders build a wall of worry

The markets are marking time. Earnings season is just about over. The lofty levels of the stock market survived those results largely because they were not quite as bad as expected. Now it is on to the next worry. read more…

Estate Planning—the final chapter

final chapterThe weekend is over. During the last two days your family came together and had that “talk,” but before everyone goes their separate ways; some follow-up is required. Here are some of the things you should make sure are accomplished. 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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