Over the past few months, financial markets have suffered from remarkably low trading volume – on many days as much as 70% of total volume was the result of automated computer (so-called “black box”) trading systems. There is an old
Over the past several months stocks have staged significant rallies, with the Dow almost back to all-time highs and the NASDAQ Composite reaching levels not seen since the tech rally. Now, with a new wave of positive economic data being
Now we’re begging: Will someone PLEASE bring back Glass-Steagall? The Glass-Steagall Act was, of course, the legislation passed in the early 1930s in response to a certain banking crisis that led to a particular Great Depression. Among other things, the
First, a simple question: At retirement would you rather have a million dollars or social security benefits? The answer to that one should be pretty simple. What boggles the mind, though, is that the former is not altogether impossible; in
When Ronald Reagan ran for President in 1980, it was said of him that he was not the “sharpest knife in the drawer.” The old joke went that in his role in the 1951 role in Bedtime for Bonzo, the
In the 26 months since the stock market bottomed in March of 2009, stocks have risen 80%+ as the economy regained its footing after the 2008 financial crisis and ensuing market crash. As impressively, the market has made such tremendous
