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The world’s bread basket no more

The recent controversy over dairy trade policies between the Trump Administration and Canada is only the tip of the iceberg. While Trump is selectively picking on one particular product, the truth is that the United States is losing its competitive advantage in many areas of agriculture. read more…

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New quarter, new market

As traders and institutions put to bed the first quarter, several concerns loom large in the weeks ahead. How things play out over that time period will have important implications for the averages, given that they are not far from their all-time, historical highs. read more…

Congress’s comedy of errors

Volatility was back in the markets this week as traders watched the House of Representatives wrestle to repeal and replace the Affordable Care Act. As failure after failure marked the progress of the new bill, some wondered if this might be a hint of what the future might be under the Trump Administration. read more…

Don’t worry, be happy

It is official: the happiest country in the world is Norway, with Denmark the runner-up, according to the World Happiness Report. What lessons can we learn from this survey and what, if anything, should we do as a nation to join their ranks? read more…

Trump’s budget

It was late, “skinny,” and guaranteed to send Washington lawmakers up a wall. President Trump’s first crack at a budget, released on Thursday, makes drastic cuts to many sacrosanct departments and programs while boosting spending in others. read more…

Mushy markets in March

Investors took a break this week from the on-going Trump rally, even as the pace of change in Washington seems to be accelerating. Both the financial downside and political upside should be positive for your investment portfolio overtime. 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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