A crowded trade

 

Just about everyone on Wall Street has jumped aboard the band wagon by now. Sure there are some that still think the market can go higher but the vast majority of investors are now expecting a major pullback. Welcome to what’s called a crowded trade. (more…)

 

Despite a coordinated and well-financed effort to sabotage and overturn  the Affordable Care Act, the open enrollment numbers this week indicate there is a ground swell of support by Americans for a universal and effective healthcare coverage. (more…)

Income inequality between the sexes in this country has always been a problem and it does not appear to be getting any better. Critics argue that much of the blame lies in the choices many women make in pursuing their education and career goals. I beg to differ. (more…)

The Faint of Heart

 

It has been at best a bumpy ride for stocks this week. While events in Crimea are partially responsible, there are some underlying factors just below the surface that may have more to do with recent performance than would meet the eye. (more…)

As April approaches and the markets remain near record highs, it is time to take a look at the mid-term election cycle. Since 1950, it has signaled turbulence for the stock markets. (more…)

The next time you board a regional airplane remember this. The co-pilots responsible for your safety are making the minimum wage. That means they are earning about as much as the guy hauling trashcans outside your local supermarket or flipping fast food burgers and working a heck of a lot longer hours as well.  (more…)

Hanging in there

Russia’s attempted annexation of the Ukraine, China’s internal economic woes, the less than auspicious enrollment numbers in Obama’s health care initiative are just a few of the difficulties that the stock market has had to overcome this week. Given the news, stocks are hanging in there. (more…)

“Today women make up about half our workforce. But they still make 77 cents for every dollar a man earns. That is wrong, and in 2014, it’s an embarrassment.” … President Barak Obama, State of the Union Address.

This week the President met with female members of congress to discuss income inequality among the sexes. At the same time, the Democratic Party is making the passage of a minimum wage bill part of their campaign strategy for mid-tem elections this year. It appears that how much a woman makes in this country has suddenly become important. (more…)

 

It is official. We made a new high this week and the markets appeared to be in “melt-up” mode. So why is everyone cautious? (more…)

True Confessions

Money holds a great deal of power over us. For many, it is a symbol of worth, competence, freedom, prestige, masculinity, control and security. No wonder most of us have such a hard time talking about ours. (more…)