Archive

Department of Labor Regulating Your 401K April 16th, 2017

August 17, 2016

The financial services industry is undergoing its greatest upheaval perhaps in more than 35 years because the government came up with a brilliant new idea to pretend there is a crisis that they need to step in to save you. I have warned that there has been talk about taking over 401K funds which are […]

Pennsylvania Attorney General Guilty of Perjury

August 17, 2016

At the state level, governments vary overall, but for the most part, they are nowhere near as corrupt as the Federal government and its court system. Pennsylvania Attorney General Kathleen Kane now faces up to seven years in prison after being convicted of perjury in a politically charged trial on 9 counts of leaking grand […]

European Banking Crisis

August 17, 2016

Is a the European bank rally sustainable? European banks continue to rally marginally following the release of the European Bank Authority stress test. However, risks remain with a referendum to be held in Italy proposing to redesign their election process putting any Italian bank restructuring at risk. The EU banking committee proudly announced positive stress […]

Market Talk August 16th, 2016

August 17, 2016

The strength of the JPY had a large impact on the Nikkei today’s and as it broke par then the Nikkei was hit closing down around -1.7% in all. Exporters are always hit when the currency strengthens and it is not clear which is leading which just yet. Both the Shanghai and Hang Seng were a little […]