The tug of war in the equities market drags on. Profit news brings down prices. Interest rate fears do the same. News that the economy is growing pushes prices back up. There are a lot of ways of looking at this market and this week I'm going to go over a few.More...
Palestinian Authority President Yasser Arafat has used up his chances. He is never going to prove to the people of Israel or the American government that he wants to make peace. Either he is unable to stop using terror as a political tool but it should not matter any more. Arafat will not help the war against terror. Arafat will not help the cause of peace. He knows no way but the way of violence and slaughter. It is time to treat him the way we treat Ossama bin Laden.More...
In the recent primary elections in Chicago, the state of Illinois, owner of a worse voting system than Florida found a way to cut its failure rate which hit 10% in some precincts. It was very low tech, but it gave the voters a chance to correct mistakes.More...
The stock markets will rise and fall. This much is certain. The likelihood in the week ahead is a nervous sell off. The reason is the ongoing violence in Israel. The fundamentals of the market will not change and eventually the violence will abate.More...
Invoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that his ideas for revamping the mutual fund industry are perhaps "not yet sufficiently fashionable to procure them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group--makes a strong case for index funds with this exhaustive study of investing.
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