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Women need to invest more

We all know women generally make less than men. On average, female workers make 77 cents for every dollar a man earns doing the same job. If you are a woman of color, or work in some lower paid industries, the gap could be even wider. It is one of the reasons women need to invest and save more, not less. read more…

Markets get back to business

Since Labor Day marked the end of summer for Wall Street, the big guys came back to work and evidently did not like what they saw. As this week comes to a close, all three indexes suffered losses. read more…

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The VA—one of this year’s political footballs

VAIt is an election year and as such veterans are a voting block that neither side can resist. Both candidates are promising to overhaul the Veterans Administration, once elected.  The questions are whether to hand it over to the private sector or just try and fix the government organization’s short-comings. read more…

The Hawks return

 

It was one of those weeks that would have been well spent on the beach. The weather was nice, the water warm, and the stock market went nowhere. Welcome to the dog days of summer. read more…

Fedspeak occupies a dull market

It is late summer and a time when the rumor mills work overtime. Financial news departments, confronted with a paucity of breaking news, are desperate to publish “informed opinions” and comments from any public or private sector big name they can find. This week a squad of Fed officials was happy to accommodate. read more…

Three in one

On Thursday, all three U.S. benchmark averages—the S&P 500, NASDAQ and the Dow Jones Industrial Average—registered historical new highs on the same day. You don’t want to know what happened the last time this happened. read more…

Why the nation’s productivity matters

The headlines paint a stark portrait of the amount of goods and services that American workers produce in any given year. We are in the longest decline of American productivity since the 1970s. That fact has economists pessimistic about the future chance of continued growth in this country. 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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