On Wednesday, global markets rallied more than at any time since March 2009. The news was positive and enough to trigger a stampede by short sellers to cover their positions. The moral of this tale is don’t bet against the world’s central bankers. (more…)

Global Investors are convinced that unless something changes and soon, the Euro and the nations that use it are toast. They are exerting as much selling pressure as possible on worldwide markets to force those changes.  So far all it has done is make us all poorer. (more…)

Today savers are offered a plethora of tax-deferred retirement plans. For those of you who are just starting out the choices can seem overwhelming but it is not as hard as you think.

Start saving now!


Will the ECB become the lender of last resort?

All eyes are on the European Central Bank. The financial risk in Europe has escalated to a point where investors see no way out unless the ECB comes to the rescue. The problem is that the bank’s charter makes that difficult. (more…)

Who do we owe?

Our national debt stands at $14 trillion and rising $3 million a minute or $3.99 billion a day, every day. Given that our debt ceiling at the moment stands at $14.294 trillion, it is only a matter of time before we once again have to renegotiate the debt ceiling. (more…)

Patience is a virtue but even virtues can run their course. The housing market is in its third year of continued decline. Those who have been waiting to sell and can’t are starting to rethink their alternatives. (more…)

Paid to wait

 So here we are again. Another G-20 Summit, Greece on center stage, the Euro trading like a seismograph and you, my dear reader, simply trying to cope. (more…)

The Cost of Clutter

 For well over 20 years I have been guilty of the sin of cluttering. It is only now, after I was finally forced to address the consequences of my actions, that I can write this column. This is my confession. (more…)

Now What?

After this week’s stupendous rally, the logical question to ask is what happens next? Do stocks continue to move higher? Is it time to take profits? How do you navigate the future when there are still so many unknowns ahead of us? (more…)

It finally looks like the European Union is on the right track. After almost two years of vacillating, finger pointing and empty promises, the outlines of a deal were announced this week in Brussels that could provide a solution to Europe’s debt crisis.

Chugging out of the fog