Weekly Market Recap – 13 DEC 11

Check here for your weekly market recap from J.P. Morgan.

Expert: Social Security Doesn’t Contribute to the Deficit

This is a comment I came upon recently but cannot source. Mindful that the deficit is a major concern for all of us, and mindful that I am personally a recipient of a monthly check from Social Security, I want to share this with you. The question whether I am contributing to the deficit by …

Continue reading Expert: Social Security Doesn’t Contribute to the Deficit

Star Stock Pickers Struggle to Beat Index

Until April of 2011, I was in the camp of those advisors scratching our heads, trying to figure out where the markets were heading. The idea is always to help our clients make money with their investments, since that’s the best way for us to make money. However, last April I started moving my clients …

Continue reading Star Stock Pickers Struggle to Beat Index

Bulwer-Lytton Fiction Contest 2011 Results

The most recent annual results from the Bulwer-Lytton Fiction Contest. The contest challenges entrants to compose bad opening sentences to imaginary novels and takes its name from the Victorian novelist Edward George Bulwer-Lytton, who began his “Paul Clifford” with “It was a dark and stormy night.” My favorite this year is the following, which received …

Continue reading Bulwer-Lytton Fiction Contest 2011 Results

Unemployment Rate Falls to Lowest Since March 2009

By Christopher S. Rugaber WASHINGTON (AP) — The U.S. unemployment rate fell last month to its lowest level in more than two and a half years, as employers stepped up hiring in response to the slowly improving economy. The Labor Department said Friday that the unemployment rate dropped sharply to 8.6 percent last month, down …

Continue reading Unemployment Rate Falls to Lowest Since March 2009

U.S. Clutching for Straws With Energy Independence

Two key paragraphs from the latest comments from Tom Barnett as they appeared last Monday in the World Politics Review. The United States is on the verge of an industrial renaissance, according to energy experts enthusiastic about technological advances surrounding the “fracking” of shale gas and the processing of “tight oil.” America is sitting on …

Continue reading U.S. Clutching for Straws With Energy Independence

It’s the Politics, Stupid!

By Michael Moran Much has been made of the depth of the economic crisis facing the United States, and it should not be underestimated. But only about 30 percent of the trouble facing the U.S. today is economic -- the U.S. economy, compared with all the other developed economies, is in the best structural and …

Continue reading It’s the Politics, Stupid!

A Healthy Dose of Reality

Paying for healthcare was the primary topic of a recent issue of Financial Planning magazine. When it comes to retirements, we assume that each of us will qualify for Medicare. For those of us already qualified, Medicare is a lifesaver, no pun intended. But... When we are young and feeling good, we take our health …

Continue reading A Healthy Dose of Reality

Weekly Market Recap – 05DEC11

Check here for your weekly market recap from J.P. Morgan.

Occupy Wall Street and the GOP

Fox Pollster Tells GOP Governors Why 'Occupy' Scares Him Thu, 12/01/2011 - 11:32pm — Joe Conason When the reigning wordsmith of the Republican right says that he is “frightened to death” by Occupy Wall Street, there must be a compelling reason for him to admit his fear. Such was the confession of Frank Luntz, famed …

Continue reading Occupy Wall Street and the GOP