It reads like a warning from Homeland Security. “Vulnerabilities (to the financial system) associated with asset valuation pressures have edged up from notable to elevated as asset prices remained high or climbed further…” The...
The Dow Jones Industrial Average, a collection of 30 well-known stocks, finished 2015 just shy of 17,500. For those who don’t pay particularly close attention to such stock market barometers, you haven’t missed much lately. The Dow also traded at the same level in...
“Too much money? There’s no such thing! It’s like a girl too pretty, with too much class, being too lucky, a car too fast.” Daryle Singletary’s 1985 country hit lamented the fact that having 14 people in the back of a pick-up truck drew the attention of local law...
At the conclusion of each Federal Reserve meeting, the seventeen committee participants release the results of their latest poll. Each participant’s opinion as to where interest rates will be in 2015, 2016 and 2017 is represented by a blue dot on a graph. In recent...
As Americans finished Thanksgiving dinner with family and friends, the Organization for Petroleum Exporting Countries (OPEC for short) hosted a small gathering of their own. The agenda was brief. The consequences were significant, though likely not entirely...
