Have you ever been to a movie that’s been hyped for months … and then it’s a dud? I have. That’s what this week felt like for U.S. stocks. The buildup to the Federal Reserve’s announcement (and several other key economic and earnings reports*) turned out to be much… Read More

When a major fuel line sprang a leak some pumps in the South ran out of gas and prices jumped. We can’t get by without this vital infrastructure. Read More

I’ll give this to the Federal Reserve, it is independent. The Fed turned a deaf ear to a growing chorus of economists and Wall Street analysts saying that the economy can withstand a modest uptick in short-term interest rates, and it didn’t feel compelled to raise rates this week.  Instead… Read More

Bravo, Fed.It was a clever bit of acting this week by Federal Reserve Chair Janet Yellen and her troupe of governors that would convince us a return to normal, higher rates is almost at hand.But by now income investors should recognize that backstage the Fed is clinging to low rates as the… Read More

Wednesday was a good day for the markets, but a great day for a company called The Trade Desk. It was also a day that bodes well for one of my Profit Catalyst holdings.Smart investors are looking for a way to capitalize on the explosive growth in Internet advertising,… Read More

Most Americans are broke.A recent Federal Reserve Board study found that 46% of Americans said they didn’t have enough in savings to cover a $400 emergency expense.A new survey by GoBankingRates.com found that close to half of Americans who make $100,000 to $149,999 a year have less than $1,000… Read More

After months of anticipation, mixed signals and several million perceptive predictions by professional prognosticators, the Fed today announced that it will do nothing.The Federal Open Market Committee said it would keep short-term interest rates unchanged, despite a relatively optimistic outlook on economic growth. The FOMC statement, released this afternoon, said… Read More

The Obama Administration’s decision to overrule a judge and suspend a previously granted pipeline construction permit was a grave mistake for the economy and the rule of law. Read More

The New York Times took an in-depth look at infrastructure yesterday — and the editors are bullish. Part of the reason is politics. Democratic presidential candidates usually favor more spending on infrastructure, appealing to their union base. But this year, the Republican candidate seems to agree. Clinton and Trump… Read More

Not only does terrorism take a human toll, it has a real economic impact. Read More