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The price tag of disaster

Over the past four weeks, just two hurricanes have cost the country upwards of $300 billion. This has easily surpassed the 2005 hurricane cost of $200 billion, which included Katrina, Wilma and Rita combined. The cumulative cost of weather continues to escalate and with good reason. read more…

America, the battered

Extreme weather and other climate disasters appear to be occurring far more frequently than we would like. The loss of life and economic damage also seem to be increasing. But does the data support those opinions, and if it does, what price do we pay for all of these perfect storms? read more…

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How real is tax reform?

Amid hurricanes, floods and missiles, President Trump is trying to ramp up public support for a massive overhaul of the American tax system. However, it is not the public that needs convincing, it is Congress. read more…

Housing or the lack thereof

Inventory, inventory, inventory! They say there’s not enough to fill buyers’ demand. As a result, prices continue to soar, and as they do, the numbers of new sales flatten out. How long will this continue? read more…

When bad news is bad news

A confluence of events makes the financial markets susceptible to further declines. It won’t be the end of the world, but it might feel like it. The volatility could drag on for several weeks or even months. So suck it up and sit tight. read more…

Bitcoin

 

Chances are you have heard the name. Some may have even considered investing in it. But for most of us buying into this new “cryptocurrency” called Bitcoin (BTC) is still a problem. read more…

The Korean Question

So far, the political tension between the United States and North Korea has been confined to a war of words and not much else. This week’s verbal threats and counter-threats, however, reached a new level. What might that mean for the financial markets?

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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