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You’ve heard of the IMF, right? If not, the acronym stands for the “International Monetary Fund.” It’s an organization founded in 1945 to foster monetary policy cooperation, facilitate trade, and...
Maybe it’s because I’m an interest rate guy. A guy who focuses on what’s happening to the cost of money, as well as all the banks, brokers, insurers, and other financial companies that depend so...
Gold ran up in the days ahead of the U.S. missile strikes on Syria, as the world held its collective breath against the manure hitting the fan. It turns out the missiles were on target, no one got...
Have you seen the action in gold lately? It’s good. The action in miners is even better. The miners are no longer hitting the snooze button. They’re waking up, shaking off the cobwebs, and looking...
When Mark Zuckerberg swept into Washington to face politicians, they were not amused. The headlines say privacy is under attack. Too late. Privacy died with Netscape and iPhones. Blaming...
Healthcare is one-sixth of the U.S. economy. It is a $3 trillion industry. And it is hopelessly broken. On Monday, The Wall Street Journal reported that Walmart (WMT) was in early talks to...
The data breach of 50 million Facebook users is not just a social media problem. Nor is it strictly an excuse for investors to dump their tech stocks, sending them into a nosedive like we saw...
Just over a decade ago, one of the first major dominoes in the mortgage crisis toppled. The venerable Wall Street brokerage firm Bear Stearns collapsed, forcing the government and Federal Reserve...
Just over a decade ago, one of the first major dominoes in the mortgage crisis toppled. The venerable Wall Street brokerage firm Bear Stearns collapsed, forcing the government and Federal Reserve...
Another iconic American store is on deathwatch. Last week, managers at Toys “R” Us Inc. told their 33,000 U.S. employees to expect that all stores will close in the coming months. That’s...