Illinois’ Answer to Saving too Little? Borrow More and Hope
After years of under-funding its state pension programs, Illinois has come up with an idea that can be described as risky at best. Illinois...
The Healthcare Battle Heads to the States
After federal legislators removed the individual mandate to buy health insurance last year as part of their tax reform plan, some states are looking...
Dow Loses 665 Points
The Dow Jones Industrial Average plunged over 665 points today. That equates to a loss of 2.54%. Today’s sell-off ends the longest streak on...
Quality Always Rises to the Top
Back in November of 1990 many investors were nervous about their portfolios. Iraq had invaded Kuwait and war seemed inevitable. That month, the UN...
Bond Bear Market Picking Up Steam
The bear market in bonds appears to be picking up steam. Strong employment and wage numbers this morning have pushed long-term Treasury yields past...
Media Finally Acknowledges the Best Part of Tax Reform
After months of negative press over the prophesied ill effects of tax reform, the liberal media has come to admit the greatest benefit of...
Bitcoin Plunge
The price of bitcoin is plunging as regulators begin to recognize the real threat alternative currencies pose to their fiat currencies and begin to...
Is My Bezos Law About to Hit Healthcare?
I've discussed my Bezos Law before. It's my theory that any industry Jeff Bezos enters will see lower prices. Now, Bezos' Amazon.com and consortium...
Big Gains for Telecoms thanks to Tax Reforms
AT&T and Verizon have booked major gains thanks to the reduction in tax rates delivered by the reform bill passed last year by the...
This is Why We Don’t Recommend Apple Stock
We don’t invest in Apple stock and we probably never will given its current mix of businesses. That may come as a surprise considering...