I’ve received lots of email recently from people who are out of work, about to lose their homes, and unable to find new employment. One among them named Mike mentioned that times are hard now, but weren’t easy before. He wondered if just getting back to the economy we had prior to the subprime meltdown […]
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Why Bother Analyzing Companies?
For more than a year now, fundamental analysis of companies has been a waste of time. Stocks have traded as a block, first plummeting in tandem a year ago to March as banks froze up the financial system, then soaring in tandem as the Federal Reserve expanded the monetary supply and made cash worthless as […]
The Fed Destroys Financial Freedom
One reason so many Americans face personal financial difficulty is that they live in a culture of excess designed to discourage saving and encourage spending. At the root of that culture lies the Federal Reserve and its expansionist monetary policy, which has reduced the value of a dollar from $1.00 in 1913 when the Fed […]
Poker Lessons for Investors
Today’s somewhat whimsical article comes courtesy of frequent contributor Dave Van Knapp. His site, SensibleStocks.com, is chock full of clear-headed ways to pick stocks and explains the oft-unappreciated role of dividends. Poker Strategy vs. Investment Strategy by Dave Van KnappSensibleStocks.com I enjoy playing poker, and there are many parallels between poker and investing. I play […]
Higher Unemployment Could Bring More Trouble For Banks
Unemployment hit 9.8% last month, and most analysts consider it all but guaranteed that it will exceed 10% by the end of the year. The following excerpt from Charles Gasparino’s column yesterday shows how a rising unemployment rate could cause another banking crisis: [Banks are] still holding trillions of dollars in ailing mortgage loans and […]





