•U.S. Marketplace: As of yesterday, it appeared the Bulls Chasing Bears scenario was finally about to unfold. That is until Microsoft spooked the market big time with their less than savory earnings and outlook reports.
Regardless of the spooky report from Microsoft, I believe the turn around of both National and Global Markets will begin sooner rather [...]
• U.S. & World Marketplace: With “TRILLIONS” of dollars sitting on the sidelines in cash, one would expect the global economic outlook to change dramatically sooner rather than later. This huge mountain of cash invested in stocks, funds and durable goods, together with Government stimulus packages globally, would create the bull market many have been waiting for.
New [...]
As the youngest, and first ever African American President of the United States of America, Barack Obama faces a national and world wide economic crisis. How he and his administration deal with these issues and re-shape America into the once powerful and prosperous nation remains to be seen.
New Presidents have in the past, been judged on [...]
•U.S. Marketplace: In recognition of Martin Luther King day, U.S. banks and markets closed for the day. Elsewhere in the world, Gold fell in London as crude oil slumped and the dollar gained against the euro.
Gold, still moving with oil was trading in the $833.00 range, while Crude OiI dropped as much as 5% to $34.69 a barrel. Some analysts believe [...]
•Canadian Marketplace: Costs and spending for the 2010 Olympic Games seem to be out of control and turning into a huge tax burden for taxpayers. Although the games are a year in the future, British Columbians face rapidly rising costs and growing doubts about the event’s economic value of this venture. It is estimated that [...]
•U.S. Marketplace: It appears this Gold Gravy Train won’t derail or slow down anytime soon. The global economic crisis, inflationary pressure and a weak U.S. dollar are some of the reasons that gold is in such high demand. Investor demand for gold is expected to remain strong in this market as a safe haven, and would seem to be [...]
On January 20 President-elect Barack Obama gets to host a very lavish AND EXPENSIVE inauguration party that will cost U.S. tax payers a pretty penny-15 Billion pennies is the current estimate. The last inauguration, which took place in 2005 for President George W. Bush cost 4.3 Billion pennies and President Bill Clinton’s bash only cost [...]
Gold is still a suave and attractive commodity to have in ones position today, thanks to the current ridiculously low interest yields on bonds-treasury notes etc. No, gold doesn’t pay any interest or dividends, but there is not risk involved while holding it either. It will just sit there shining in your safe or safety deposit [...]
Census numbers show, that by all accounts, Americans either hate or love this man as he steps down, following consecutive tumultuous terms as U.S. President. A recent poll found that only 27 percent of Americans approve of Bush’s performance. Apparently these numbers have caused intense frustration in the President’s inner circle. Some disagree with the census, saying that [...]
As Millions of viewers watched the extravagant Golden Globe Event unfold on television yesterday, I wondered just how many people could really grasp, the difference between the lives of these rich and famous living in fantasy land, in comparison to the lifestyle of the average blue and white collar working class.
On the brighter side of things, even [...]