Does the U.S. Risk a Fiscal Tipping Point?
In my previous post I reviewed the recent experience of a number of countries whose sovereign debt levels became sufficiently high that creditors began to...
Author : Wall Street Pit
Stress Test Fraud Marries Endless QE
The bank stress tests in the U.S. and Europe are total baloney. I’ve said it before and I’ll say it again for the benefit of...
Best Facebook (FB) Smartphone Rumor So Far
Rumors of a another Facebook (FB) phone are again making the rounds. According to UnwiredView, Taiwanese cellphone maker HTC is set to launch another Facebook-powered...
On Closing the White House Tours
So the White House is closing its doors to the public today. Budget cuts related to the sequester are the blame. The WH tours are...
The Dow Then and Now
The Dow Jones Industrial Average is making record highs, knocking the 2007 peak off its pedestal, but investors...ren’t celebrating. Since the Dow hit its March...
I Don’t Deserve to Get Wealthy from Capital Gains – Marc Faber
Marc Faber was on CNBC the other day...nd said something that was fascinating. He said he doesn’t believe he deserves to get wealthy from dividends...nd...
After 20 Years, Sweden’s Labor Market Still Hasn’t Recovered
By many accounts, Sweden did a great job managing its financial and fiscal crises in the early 1990s. But more than 20 years onward, its...
Tim Cook May Have to Testify in Apple (AAPL) E-Books Case
Apple (AAPL) CEO Tim Cook may testify in the U.S. Justice Department’s antitrust lawsuit filed against the iPhone-maker over alleged price-setting in the e-book market,...
How to Manage Your Retirement Nest Egg
Once you finish...eading this column, you will never need to...ead another article about how to manage your...etirement nest egg. This is going to be an...
Slow Money – Big Money – Fast Money?
With the DOW blowing by milestones I went looking for other things that were at record levels. The first one that I looked at was...