Archive - Jul 8, 2015 - Blog entry

A shocking and uncharacteristic display of common sense

Need a Quick Break From It All?

Don't spend too much time wondering why, it just does...over and over and over

China stocks have fallen by as much as -30% over the past three weeks.  What would Janet Yellen do if the S&P 500 Index was falling by -30% in similarly short order?

Markets have begun seizing up as sellers overwhelm the system. The China Securities Regulatory Commission, has described market participants as being “irrationally” driven by “panic sentiment” despite there having been no rational basis for the run up in Chinese markets before they peaked last month.

As the next Crisis unfolds, it will more and more difficult to get your money out of the financial system.

Every dog have it's bad trading day...

The DOL recently proposed raising the overtime threshold from $23,600 to $50,400 making this only the second time they’ve addressed the issue since 1975. According to the department, 62 percent of workers qualified for overtime back then, whereas today, only eight percent do. At the current overtime threshold, Americans would have to live below the poverty threshold ($24,008 for a family of four) before a jobholder could qualify for overtime. 

We are entering the final phase of a cyclical bear market...

The rescue of AIG should not serve as a source of comfort to investors.