Monthly Archives: February 2009

  Yesterday, President Obama proposed $634 billion in new taxes on ‘wealthy’ Americans as well as cuts in government spending to pay for an expansion of the healthcare system.  Among the tax increases will be a reduction in both the … Continue reading →

This week, President Obama unveiled his plan to help struggling homeowners stay in their homes. The plan, dubbed the “Mortgage Modification Plan”, offers incentives to borrowers and lenders to keep mortgages current. Speaking this past week in Mesa, Arizona, Obama … Continue reading →

Last week, after posting my long term prediction that the S&P 500 would go to 500, I received some feedback telling me what I could do with that crystal ball – although some were nicer and simply questioned my reasoning … Continue reading →

I’ve received a lot of comments on my first quarter market update.  As you might recall, I forecasted the bond market was a bear market waiting to happen and the stock market would likely retain its bipolar personality with large … Continue reading →

If you’re not in the mood for a rant, skip this entry. They say that there are two powerful emotions responsible for most of human behavior – greed and fear – with fear being the more powerful of the two. … Continue reading →