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In movies and novels, overnight success stories are frequent. Real life doesn’t work that way. It takes years of hard work, vision and at least one gigantic bet-the-farm moment. This week,...
Devastating, and expensive, the damage in Texas from Hurricane Harvey will fall mainly on the National Flood Insurance Program (NFIP) as I said last week. Catastrophe funding will also kick in for...
•  Following yesterday’s retracement, the market dropped even further today; if yesterday made for a good buying opportunity, today it’s an even better discount. •  Bitcoin (BTC, Tech/Adoption...
In a few short hours, the Federal Reserve will announce the results of its latest policy meeting. But there’s no need to hold your breath in anticipation. The Fed will not say it’s ready to hike...
This market has a lot going for it: Earnings growth so far has been strong, global growth is re-emerging, and fiscal policy could (eventually) help. Let’s also not forget, there aren’t many other...
Late Thursday night, U.S. military forces launched 59 cruise missiles at a Syrian airfield. The strike came in response to a chemical weapons attack that Syrian President Bashar al-Assad unleashed...
Bullish and bearish forces are once again at war over the market. So, for now, we’re stuck moving sideways.
The entire cryptocurrency market is in the red today, as both market leaders lost ground at key support levels. Is this another brief correction or, perhaps, a longer cooling-off period? • ...
•  After touching $45,000 yesterday, Bitcoin (BTC, Tech/Adoption Grade “A-”) rebounded to as high as $51,000 today and is now trading a hair under $50,000. •  Ethereum (ETH, Tech/Adoption Grade...
Automation is being sold to us as a panacea. Removing irrational human impulses is supposed to make planes, trains, automobiles and other machines safer. Last week, a cutting-edge Boeing 737...