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The BP Effect: Will Public Pessimism Harm the Economy?
Now that CEO Tony Hayward is stepping off the kitchen stove and resigning from his responsibilities for BP’s (NYSE: BP) oil spill response, it’s time to look past the grandstanding and analyze how this...
View ArticleTop 3 Reasons Today’s Markets Were Down Big
Markets closed down on Wall Street: DJI -1.39% SP500 –1.7% Nasdaq –1.66% Gold +0.11% The markets were up down big because: Initial Jobless Claims hit a 9-month high. Claims came in at 500,000 and hope...
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Americans Feel More Pessimistic Now Than After Watergate
No one needs a poll to know that times have changed or that Americans are feeling extremely pessimistic about their system of government. What is surprising is just how much the political gridlock in...
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Is Everybody Wrong About Gold and Silver?
Precious metals became the biggest joke on Wall Street last year. Their returns were laughable as gold and silver both suffered heavy losses toward the beginning of 2013 and never recovered. Adding...
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