Market Update

It’s a holiday-shortened week this week and next, so I will just be doing an update on our market indicators today and next Tuesday (January 2). We continue in that magical holiday period where U.S. stock prices tend to register above-average daily gains. Longer-term...

The Taxman

George Harrison’s shocking revelation still moves financial markets today! Let me tell you how it will be There’s one for you, nineteen for me ‘Cause I’m the taxman, yeah, I’m the taxman Should five per cent appear too small Be thankful I don’t...

What Goes Up May Come Down

Today is the first day of futures trading of bitcoin. The bitcoin phenomenon has been going on for years, but the price appreciation in 2017 has caused investors to sit up and take notice. The so-called cryptocurrency has soared over 1,500% this year. Following its...

It Can’t Be Imploded!

It was a quiet morning breakfast—French toast and the Sunday paper. Then the roar of an explosion wrapped around our home. The air rushed in and then out again. Slowly the reverberations faded away. We were, to put it mildly, perplexed. It was only later that day that...