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Brexit: The never-ending story

Back in 2018, the government of the United Kingdom and the European Union reached an agreement on exactly how the British exit (Brexit) would occur. Since then, despite countless meetings, discussions and votes, the UK Parliament has failed to approve that process. The new date for an exit is October 31st. Will this really be the end of the story? read more…

All eyes on the Fed

It was a week of chop. That was to be expected, given it was the first week of second quarter earnings results. While some individual big-name stocks made substantial moves, the overall indexes traded up and down but ended the week about where they started. read more…

Make Vietnam Great Again?

Funny things happen when our government starts tinkering with the economy in a big way. Unpredictable results, unintended consequences, and confusion often result. U.S. tariffs on China is a case in point. read more…

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G-20 weighs on stocks

It wouldn’t be a normal weekend in the financial markets without something to worry about. This weekend, it is the meeting of the two presidents, Trump and Xi, in Japan with $350 billion in new tariffs hanging on the outcome. What are the odds that they clinch a deal? read more…

Reverse Mortgages

Some Baby Boomers have found themselves financially between a rock and a hard place. Rising costs, insufficient retirement savings and, in some cases, health issues, have forced seniors to consider taking out a reverse mortgage on the only asset they own. Is it a good idea? 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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