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Since the financial crisis of 2007-2009, government agencies have taken a number of steps to ensure that banks can weather another economic downturn. In a perfect world, the next downturn...
Forget about the times. It’s market trends that are A-Changing now … and that could have huge implications for your portfolio! To see what I’m talking about, check out Chart #1 below. It’s a...
Major automakers are discovering the benefits of electric cars. And it is a really big deal. This week, Porsche announced that its “Mission E” electric concept led to a corporate epiphany....
Last week I wrote about Property & Casualty insurers that began operation within the last five years. I outlined that of the rated ones, a majority are considered vulnerable, with a “D” or “E”...
After Amazon’s (AMZN) announcement that it was buying Whole Foods Market Inc. (WFM) for $13.7 billion in cash, shares of both companies went up. (Enough in Amazon’s case to essentially make the...
Oil prices have crashed from $52 to $42 in the last month. And China’s the culprit, say Wall Street analysts. China is an easy mark: Ghost cities, capital flight, shadow banking, rising dissent...
Fun fact about South Florida: The 1960 movie “Where the Boys Are” put Fort Lauderdale on the map as a Spring Break mecca. Legions of real-life college students followed the movie’s fictional main...
The Federal Reserve approved its second interest rate hike of 2017 last week. It decided to bump the rate by an additional 0.25% to a new target rate of 1.25%. In the aftermath of this move, let’s...
Things can change fast in the stock market, and nothing makes that clearer than the action over the past week. Leaders are starting to lag, while laggards are starting to lead. And if I’m right,...
The U.S. banking industry is shrinking dramatically – and that means consumers have fewer options when it comes to finding an institution to do business with. There were only 5,856 federally...