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Hero to zero in one week

It was just a week ago that the NASDAQ made a new, 15-year high. The other indexes also chalked up new trading records. Equity strategists were predicting greater gains just around the corner. Four days later we are at the bottom of the trading range again. read more…

Does another trade pact make sense?

As Japanese Prime Minister Shinzo Abe’s visit to the United States winds down, politicians in both houses of Congress need to decide whether the proposed Trans-Pacific, 12-nation trade pact makes economic sense. It does and we should jump on it. read more…

Buy on the news

The worst of earnings season is behind us and it isn’t nearly as bad as investors feared. Led by the tech sector, market averages are once again near their highs and appear to be on their way to even higher highs. read more…

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Why some corporations are leaving America


In recent weeks, politicians and concerned citizens alike have decried the growing number of corporations that have opted to renounce their citizenship and move off-shore. Rather than simply playing the blame game, a better approach might be to examine the underlying cause for this growing exodus. read more…

Geopolitical strife fails to deter markets

Markets fell on Thursday reacting to the news that a commercial airliner had been shot down over the Ukraine. Stocks extended their fall when Israel invaded Gaza later in the day. But by Friday investors, trained to buy the dip, had rushed back into stocks, recouping most of the losses. read more…

Choppy markets have investors on edge

A spate of global stock market selling put an end to the atmosphere of growing complacency among investors this week. The turmoil came from a variety of sources including Europe, the Middle East and China. The jury is still out over the market’s next move. read more…

Green Cards for sale

Despite all the bickering in Washington over immigration, there is a piece of legislation on the books that allows any foreign national to effectively purchase permanent residence status in the United States.  All it costs is $500,000. 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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