Insights

Apple, the darling of the tech world for several years, achieved near-deity status earlier this year and like Phaeton, who could not control his father's sun-chariot across the sky and fell to his death, Apple has taken a fall in the last few weeks, coming back down...

Below is a very useful table of federal spending and revenue. For now, just look at 2012 – the bottom row. The main point is that we are borrowing 88% of the cost of running the government in 2012. The total cost of every government department, including defense is...

The WSJ reported this morning that President Obama has raised the tax increase he wants in renegotiating the "fiscal cliff." He has apparently gone from a proposed tax increase of $800 billion in last summer's negotations to a new figure of $1.6 trillion. The...

The US market is opening lower, flirting with its 200-day moving average, often the neighborhood in which a normal correction will reverse. But, stocks around the world are lower today. Asia was down as is Europe. Both regions seem to be declining over concern about...

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Republicans really have the demographics against them and if they have any chance at doing better in the Senate and White House in future years, they are swimming upstream and really need some radical changes. Think about it. Women are registered more often as...

Stocks are down nearly 2% in early trading today, which many people are taking as a sign of disappointment with the Obama victory. I don't think so for the following reasons: Economic numbers for Europe reported yesterday showed further slowing in the European economy...

I have pasted below a map from USA-Today showing the states and where they likely stand as of the last poll. Battleground states are in grey and they are mostly in the Eastern time zone, with most of the rest in the Midwest. Unfortunately, the results may be too close...

From an investor's point of view, does it matter who wins the election tomorrow? It seems everyone has a strong opinion on how critical it is for their candidate to win. In fact, a recent poll by the organization of CFAs (Certified Financial Analysts) found that 80%...

How much cash do you carry? If you're like me and many other people, almost none. I can go a week with the same $10 bill in my wallet. That's because I pay for almost everything with a debit card. Now, think about having no electricity in the stores and gas stations...