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Just about there

What a difference one week makes. All the concerns that were ostensibly responsible for the stock market’s 7% decline in January have already been forgotten. It appears investors are bound and determined to push the markets back to the highs. read more…

The Debt Ceiling Turnabout

 

Both houses of congress passed the debt ceiling this week with no strings attached. That means that global investors will be assured that the United States will honor its commitments until at least March 15, 2015. Should we care? read more…

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The Economics of Gay Marriage

From the point of view of the gay community, the economic impact of legalizing gay marriage is a no brainer. But what are the costs and benefits to the economy overall, regardless of your sexual inclination? read more…

The Economics of Gay Marriage

From the point of view of the gay community, the economic impact of legalizing gay marriage is a no brainer. But what are the costs and benefits to the economy overall, regardless of your sexual inclination? read more…

The Ides of March

The stock market gains once again confounded the bears this week. It wasn’t much of a gain, a mere point or two on the S&P 500, but a gain is a gain. Now we are in March and the rally is getting a bit long in the tooth. read more…

Should Colleges be free, Part III

College tuition hurts those who need higher education the most– lower-income students. Back in your parent’s era, that may not have been much of a problem thanks to a growing middle class. But in America today, the middle class is disappearing, leaving more of us than ever facing impossible future tuition costs for our children. read more…

Bulls batter the Bears

Day after day the markets climb higher. Recession in Europe, worries over China’s growth, even the skyrocketing price of oil have no power over these markets. The bears are in full retreat and only sunny skies are allowed on Wall Street. read more…

Is Everybody Happy?

You would think investors would be ecstatic. The S&P 500 Index is at 12-month highs. The NASDAQ is flirting with an eleven-year high and the Dow is just points away from 13,000. So what’s not to like? 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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