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Leaving your Legacy

It may not seem so sometimes, but your children value your opinion. The older they get, the more importance they place on things like your ethics, moral teachings and values. That’s why it is extremely important to leave a legacy after you are gone that your children can turn to when they need it. read more…

The Doha Dilemma

Will they or won’t they freeze oil production this weekend at the OPEC meeting in Doha, Qatar? All the main oil producers will show up. The direction of oil prices (and the markets) may hinge on the outcome. read more…

Have you had “The Talk” yet?

Whether you are a Baby Boomer or the child of one, it is about time you faced the music. We all know that life ends, no matter how hard we try to ignore it. Having a family meeting before it is too late may save all of you needless heartache and financial turmoil. read more…

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Economy stronger, stocks weaker

oil and stocksInvestors can expect the stock market to carve out a new trading range over the next few weeks. The good news is that range will be higher than it has been all year. The bad news is that we should not expect a repeat performance of March. read more…

The Fed keeps traders on edge

It has only been a week since the last Fed meeting. Yet several members of the central bank are already contradicting the message their leader, Federal Reserve Bank Chairwoman Janet Yellen, delivered to the markets. read more…

Are negative interest rates the answer?

NIRPYou may have heard of the newest wrinkle among central bankers. It’s called “NIRP,” which stands for negative interest rate policy. Several countries have already implemented this policy and are hoping their actions will stem the tide of deflation and low economic growth. read more…

Fed-driven rally grinds higher

 

Just when you thought it couldn’t get any better, the Federal Reserve Bank gave investors everything they wanted this week. As a result, the indexes racked up their fifth week of gains in a row. Could there be six? read more…

Why free trade has a bad rep

The Establishment–Economists, politicians of both parties, Wall Street and Corporate America–are horrified. One of the lynch pins of capitalism has suddenly come under attack. The growing anger over free trade is threatening more than 30 years of trade deals with the rest of the world. It was a disaster waiting to happen and we have only ourselves to blame.free trade 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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