If anything can raise our blood pressure, it’s the rising cost of prescription medicine in America. Pharmaceutical prices are too high across the board, and despite the continued public outcry, the problem just gets worse every year. But who’s really at fault for this health-care quagmire?
What’s the Biggest Mistake America’s Made in the Past 50 Years? Hint: It’s About Gold and the Dollar
If you’ve been on this planet long enough, you’ve seen America go through some big changes – and you’ve seen America’s government make some really big mistakes. These are generally done without the consent of the people, and are often perpetrated without them knowing it’s been done.
As much as I like gold, I’m not the biggest fan of the golden parachute. I’m hard-pressed to think of another stratum of society in which workers are richly compensated regardless of their abject failure at doing their job.
As a company, Amazon has utterly transformed the way consumers buy and retailers sell just about every type of product in America. Whether the success has trickled down to Amazon’s quarter-million employees is debatable, though
When U.S. Treasury yield curves flatten and then invert, that’s considered an alarm bell – the metaphorical canary in the coal mine, if you will – of an impending economic and market downturn.
Social media commentators frequently make jokes about the “Plunge Protection Team” saving the U.S. stock market from collapse every time it dips, but I suspect that most of them don’t even know what the Plunge Protection Team is, or whether it even exists. It is a real entity, or only a conspiracy theory?
For Furloughed Workers, the Government Recommends Doing Handyman Work for Rent and Hiring a Personal Attorney
With the government shutdown likely to continue into the new year, the ripple effect is being felt by Main Street while our elected leaders squabble over border wall funding and other issues.
As a former public, private, and charter school teacher at multiple grade levels, I’ve experienced the gamut of classroom experiences that the American educational system has to offer. And unfortunately, given my personal experiences along with those of others and the available research data, I’m obliged to give the currently existing system a failing grade.
Wednesday’s record 1,086-point (or +5%) single-day surge in the Dow Jones Industrial Average, and a nearly +5% jump in the S&P 500, might have felt exhilarating for market bulls. However, a look back at price action during past crashes indicates that sharp, sudden rallies are typical behavior during sustained bear markets.
Despite the seasonal promise of a December recovery, the stock market action on the day before Christmas will make its mark in the record books – but there’s no merriment, no gifts to be given, except perhaps to short sellers and put option holders as the major market indexes get roasted on an open fire.