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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…

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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…



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?

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The danger zone

The market has entered the most dangerous part of the year for equities. Some of the worst market drops have taken place over August and September. After enjoying the longest streak in 22 years, without as much as a 3% pullback, the stock market is vulnerable to a downdraft. read more…

Volatility returns to the markets

It has been a “sell on the news” earnings season so far. Corporate results continue to beat earnings forecast, but most stocks have been either sold after the announcements or, at most, mark time. What does that say about the direction of the 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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