I've been managing money in the markets for over 30 years. We've had several periods of time where it was necessary to follow the news all day long. Nearly all of those times were due to some sort of crisis, whether it was the Asian currency melt-downs in 1997 and
As expected, the debt ceiling negotiators have worked out a deal to avoid "catastrophe". The stock market never really thought the debt ceiling wouldn't be raised/temporarily cancelled. The bond market has been showing a bit of a concern over short-term liquidity as well as putting in place plans to
I don't know about you, but I'm already tired of hearing about the debt ceiling. The media is sensationalizing it. Both sides of the political aisle are blaming the other side and acting like they had nothing to do with it. Worry is picking up among individual investors. Meanwhile the
I hate talking politics, but we've been fielding a lot of questions about the debt ceiling and the chances of default. I've actually been avoiding writing about this because every time I think about it, my blood pressure skyrockets. The fact that we are back here AGAIN is a failure
