Folks, as I mentioned yesterday, the end of the month and the end of the quarter can be tricky times. There is a lot of activity going off this week—much more so than normal—which happens to coincide with a market that, in my mind, is still underinvested. All that scared money on the sidelines needs [...]

Folks, I’d like to take this opportunity to thank Barney, Nancy, President Obama (out of respect for the office I won’t call him by his first name) and the rest of the charter members of the I Don’t Have a Clue Club for steering us into the highest level of poverty since they started keeping [...]

Yesterday, Moody’s announced that if the federal government can’t reach some resolution in these debt talks, the credit-rating agency could consider a downgrade of our national debt. To wit: “The review of the U.S. government’s bond rating is prompted by the possibility that the debt limit will not be raised in time to prevent a [...]

Yesterday we got some pretty bad news on the job-creation front from the private sector, and as a result we saw the biggest selloff since August of 2010. Tomorrow we get the big unemployment numbers from the government. If you listen to the projections, we’re probably in for more of the same. There’s an old [...]