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OPEC’s poker game

The news this week that some OPEC members have at least agreed to talk, and possibly freeze production, had traders covering their oil shorts, sending crude up over 15%. But why should simply freezing production at multi-year levels stem oil’s price decline? read more…

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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. read more…

Shot across the bow?

Interest rates have been on a downward path for almost thirty years. In May of last year, thanks to the Fed’s taper talk, that direction has reversed. This week it was revealed that some Fed officials are actually discussing when to hike interest rates.  read more…

How to look at early retirement offers

 

 

Buy outs and early retirement packages are increasingly becoming a part of the American landscape. Not a day goes by when some group of employees somewhere are offered financial incentives to retire early. If it happens to you, this is what you should consider. read more…

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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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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