Lowest Jobless Claims Since 1973 – Really?

According to the Department of Labor, on April 16th, 2016 the number of initial jobless claims fell to 257,000 people that is the lowest number of first time claims since November of 1973. As the chart outlines below, according to the US census Bureau the US currently has almost 312 million Americans as compared to […]

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How CEO’s Should Be Compensated!

Elon Musk, CEO of Tesla Motors, Inc., earned 2.635 million shares exercisable at $31.17 a share so far under his employee contract award. To earn these awards, Mr. Musk had to hit two sets of targets. 1st set were related to stock price which the company easily achieved. The second set were related to operational […]

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What Wage Gap?

What Wage Gap? The True Story of Why the Average Woman Earns Less than the Average Man We all have heard the refrain. There is a wage gap between men and women. Yet starting salaries for the last two decades have shown no difference between men and women. Yet President Obama in his most recent […]

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The Financial Crisis and Get out of Jail Cards

As everyone knows when you play the game of Monopoly you can buy a Get out of Jail Card. Well, in documents just released by the federal government, it appears that the Justice Department under Eric Holder and the SEC under Mary Shapiro and Elisse Walter were much more interested in shaking down Wall Street […]

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IS THE SKY REALLY FALLING?

We certainly have had a roller coaster ride with the equity markets. As most of you know, there are several factors that are causing this current round of volatility: First, the unrest in North Korea; the idea that a rogue state such as North Korea has developed a hydrogen bomb to use as blackmail against […]

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What Does A Shrinking Middleclass Really Mean

A new study by the Pew Research Center states that the middle class in America is shrinking to 50% from 62% in 1970. The study dated December 9, 2015 indicates that 120.8 million US households are middle class out of 242 million total households. At first glance one would consider this drop a huge tragedy […]

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Many Guns, Many Deaths

The recent news of a couple possibly (three) gunman shooting innocent civilians in San Bernardino, CA has prompted a number of news outlets to point out that this is nothing new. Mass shootings – defined as shootings at a public place in which the shooter murdered four or more people, excluding domestic, gang and drug […]

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Medicare Smoke & Mirrors

Here we have one of those slight of hands that politicians pull on taxpayers. The issue how to pay for a voter aggravating glitch in Medicare without increasing taxes for taxpayers or premiums Medicare recipients (i.e. voters). The Congressional leaders and the Obama Administration have “fixed” the potentially alarming increase in Medicare Part B premiums […]

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Millennials and the Slow Growth Economy

Mark Twain once said, “History does not repeat itself but it does rhyme.”  And we are seeing that rhyming with the Millennials and the economy of the 2000s compared with the Baby Boomers and the economy of the 1970s early 1980s.  In both time periods, the stock market had major downturns and amateur investors (nonprofessionals) […]

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