The pessimism about the US economy and markets has become so extreme that I think it is time for a little reality check. So, here’s a list of what ifs for you to ponder:
1. What if Citigroup writing off a year’s profit (which is roughly the amount they will eventually have to write off [...]
Sean Taylor lived only 2 miles from my house in South Dade. Taylor died this morning after being shot yesterday during a break in at his home:
Nov. 27 (Bloomberg) — Washington Redskins safety Sean Taylor died after he was shot in the leg during a possible burglary at his Florida home. He was 24.
Taylor [...]
Maybe this is why the dollar is rapidly going to hell in a handbasket?
When it comes to financial magic, the government of the United States takes the prize. Sleights of hand and clever distractions by purveyors of line-of-credit mortgages, living-benefit variable annuities and equity-indexed life insurance are clumsy parlor tricks compared with the Big Magic [...]
Amidst all the doom and gloom about the economy, its nice to see a positive article. I have maintained for some time that the US economy will not be tipped into recession by the housing or sub prime problems and I’m sticking with that position. I know its a minority view, but hey that’s what [...]
