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Who is next?

The vote is in and all you have to do is look at world markets to discover the verdict. The citizens of the United Kingdom voted to exit the European Union. Chaos reigned for today but tomorrow may be a different story, at least for U.S. investors. read more…

It’s still a coin toss

 

Despite all the algorithmic programs, high-powered computers, enormous capital and worldwide connections, what happens in the investment world sometimes comes down to a coin toss. The British vote next Thursday to stay or exit the European Community is shaping up to be one of those binary events. read more…

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How cell phones hurt your productivity

Forty-two years ago, when the cell phone was first invented, the new device was hailed as a major tool in boosting everyone’s productivity. Today, we are discovering that the opposite is true. The cell phone has become a major distraction. read more…

All or nothing

As traders steel themselves for next week’s Federal Open Market Committee meeting, the stock market remains volatile with a bias toward the downside. That should change for better or worse by next Wednesday. read more…

The economics of European migration

A stream of destitute refugees arrives on European shores every day. Greece, Hungary and Italy have borne the brunt of this migration, but the ocean of displaced persons this year has already swamped their resources. It is a life and death crisis that demands an answer now. read more…

U.S. jobs data sink markets

What’s good for Main Street is not necessarily good for Wall Street, at least in the short-term. As traders fret over a new era of rising interest rates, American workers may finally be coming into their own. read more…

Senior housing set to soar

United States demographics indicate that the senior population in this country is growing at twice the national average. As more and more Baby Boomers retire in the years ahead the demand for senior housing is set to skyrocket. read more…

Are we there yet?

This week we witnessed the first substantial correction in the stock market of the year. What matters most to investors now is whether we are at the end of the decline or the beginning of something worse. 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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