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A circus by any other name is still a circus

By now you may have heard that Ringling Bros. and Barnum & Bailey Circus are set to close in May of this year. That’s the third circus in as many years to close their doors. You might say the announcement marks the end of an era stretching back for almost 150 years. I disagree. read more…

When your broker doesn’t want you anymore

Across the nation, various financial institutions, affected by the new “fiduciary” rules issued by the Department of Labor, are making some tough decisions. Don’t be surprised if your broker informs you they can no longer manage your company’s 401 (K) or other defined contribution plan. read more…

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Trump’s tweets continue a presidential tradition

“Chuck Jones, who is President of United Steelworkers 1999, has done a terrible job representing workers. No wonder companies flee country!”

“Boeing is building a brand new 747 Air Force One for future presidents, but costs are out of control, more than $4 billion. Cancel order!”

                                                            Tweets attributed to Donald Trump

Over the past week or so, Donald Trump has taken aim at two companies, the entire health sector, and a union boss. The media and the financial community are in an uproar over his statements. Should they be? read more…

A good news Thanksgiving

turkey-thanksAs we all sit down to our Thanksgiving dinner today, there is a lot to be thankful for on the economic front this year. For many, it may not feel that way but trust me there are some reasons to be hopeful. read more…

So far, so good.

This week the Trump rally continued. Two out of the three indexes are flirting with record highs. It feels like the markets want to go even higher, so don’t pay attention to those who do not understand the dynamics that are playing out in 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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