alex

1. As a 50+ year Met fan, I'm finally feeling lucky. Met fans everywhere are rejoicing over a new owner that has deep pockets. Yes, he's a Wall Street crook, and he's our crook who will spend for a winner. We are no longer a small market team from Flushing. Yes, the air is sweeter, [...]

1. I think a lot of people may have freaked out too much about Warren Buffet's $500 million purchase of gold miner Barrick as a telling item. However, the combo of energy pipelines, the dabbling in Barrick, and broad purchases into commodity investing/trading firms, translates into a $15+ billion hard assets over the past few [...]

1. The Federal Reserve’s Thomas Barkin: The U.S. is still in an economic downturn of historic proportions. I’m no Fed fan, but take heed my friends. Last time, I mentioned Ray Dalio, an elite all-time hedge fund manager, saying he expects the worst kind of economic depression. This is the craziest time of our financial [...]

1. We have annuity producers that consistently get checks from their same clients for fixed annuity deposits. Interest rates matter of course, but the value of "walling" your nest egg off from visible bank accounts shouldn’t be overlooked. The money accrues safely at a competitive interest rate and your monthly bank statements show no sign [...]

1.Repo purchases by The Fed continue. We Americans, are still not getting straight answers on their reasoning and purpose. All we know is that The Fed maintains their view that this is not a QE event, even though the current purchases are at a faster pace than QE3 took place. Here is my very simple [...]