Business News

A Lot of Funny Money

In one of the funny episodes of Jackie Gleason’s “Honeymooners”, Ralph thinks he’s about to inherit a lot of money. When the lawyer who is reading the will says, “And to Ralph Kramden, I leave my “Fortune”, Ralph shouts “Get…
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Protect Your Wealth from Political Risks

Investment risks are huge in today’s world. But political risks are even greater, and most Americans are completely unprepared. The biggest danger to your wealth isn‚Äôt the markets, as ugly as they are. The biggest risk today is your own…
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The Bulls Say the Wall Street Crisis is Over

The crisis is over or nearly so, say Wall Street and the huge majority of bulls. All those economists, central bankers and analysts, who didn’t see this crisis coming and who underestimated its severity all the way down, are sure…
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Is There Money in the Norfolk and Southern Railroad

“The Money Secret of Folkston, Georgia By Tom Dyson In 2005, I wandered into the Simpson Yard in Jacksonville and struck up a conversation with the duty manager. The Simpson Yard belongs to the Norfolk and Southern Railroad. It’s their…
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German Car Gets 258 MPG

There is a new car made in Germany that gets 258 MPG. This is not a toy or a concept car. This is a single seat automobile that is aerodynamically designed for incredible fuel efficiency. However, getting one into the…
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BlackRock to Acquire BGI

Just when you thought ‚Äútoo big to fail‚Äù was going out of style, Ohh…and they’ve already got a great, devious name! BLACK ROCK! BlackRock announced a $13.5 billion merger with Barclays Global Investors today, making the former company the biggest…
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The Daily Market

President Barack Obama laid out his vision for reshaping U.S. financial regulation on Wednesday, aiming to tighten oversight of large firms whose excessive risk-taking triggered a global economic slump. But it only partially tackles a task once seen as vital…
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U.S. Stocks Fell Again

U.S. stocks fell again, sending the Standard & Poor‚Äôs 500 Index to its biggest two-day tumble since April, as Best Buy Co. posted disappointing sales and commodity producers sank on concern the economic rebound will stall. Best Buy, the world‚Äôs…
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Government Trillions of Dollars in Debt

The United States is likely to lose its investment grade credit rating by the end of 2010 as the government issues trillions of dollars in debt, says analyst Robert Prechter, known for predicting the 1987 stock market crash, joining a…
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I Want You to Sell Stocks

Four weeks ago, two reliable intermediate-term indicators flashed “sell” signals. The market responded by declining immediately. The sell signals appeared to time the market almost perfectly, and we carved another notch on the bedpost of technical analysis. Ah, but the…
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Living on Credit in a Resort Town

By: Anonymous It is the month of June, in a resort town that sits next to the Atlantic Ocean. It is raining on Amelia Island, and the little town of Fernandina Beach looks totally deserted. It is tough times, everybody…
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“One Last Thing Before I Go…”

The other day I was in an in-depth conversation with some acquaintances about a subject that comes up now and then. Let’s just say it was the “end of life” subject. You know, the “What happens after we pass on”…
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The Big Three are Unsinkable, for Now

By: Nick Deonas When Congressmen are running for re-election they depend on union support, many of them got it from the auto workers union. Did you think for one minute that there would not be tax dollar relief on the…
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