Dow volatility may soon rival bitcoin’s price moves

SPECIAL SATURDAY POSTING

What the hell is going on in the stock market this week?

The Dow Jones index had a 1,000 point or 3% ride on Friday before settling up 330 points up 1.4%. over the course of the 5 days of trading there was a 6% range from highs to lows. Continue reading

Advertisements

FISA memo may explain stock market rout

Just another Manic Monday.

The Dow Jones index cratered 1,500 points just after noon yesterday, until the Plunge Protection Team (PPT) stepped in to avert a crash and cut the losses in half by 1:30. Continue reading

2018: $40K bitcoin, more C-Suite resignations

I would like to welcome 2018 and write what I believe we will see in the business and economic headlines this year.

The first caveat is with President Trump on Twitter there is no way you can be too outlandish in predicting what may happen in 2018. The president can open up a number of cans of worms with less than 100 characters. Continue reading

Tax cut bill is anything but for middle class America

You can tell by the amount of spin that the Trump tax cut will not work out well for the remaining middle class Americans.

As the President marched out families who would benefit with lower tax bills if the bill is passed, I said to a colleague that we are screwed big time by this based on the dog and pony show we were watching. Continue reading