You really need to take predictions with a grain of salt. Consider these esteemed opinions:
1. "I think there is a world market for maybe five computers." Thomas Watson, Chairman, IBM, 1943
2. "Who wants to hear actors talk?" H. M. Warner, ... view full article >>
If every piece of positive news was a petal, then you might say the American economy was in bloom last week. Moving into the holiday season, consumer confidence was at a five-month high.
Early in the week, manufacturing showed improvement. On Thursday... view full article >>
In 2006, Time Magazine’s Person of the Year was ‘You.’ The magazine declared that 2006 was about:
“…Community and collaboration on a scale never seen before… It's about the many wresting power from the few and helpin... view full article >>
Okay. Okay. If you’ve been trekking through Siberia or Patagonia for about a year, then maybe it surprised you to hear the minutes from the Federal Reserve Open Market Committee meeting showed it expects to begin tapering Quantitative ... view full article >>
If you found holiday songs or Beatles tunes humming through your head last week, it may have been your subconscious processing world and market events.
Over the river and through the woods/To Grandmother's house we go… Janet Yellen, current Vice ... view full article >>
After last week’s surprisingly strong employment report, it’s almost possible to picture Ben Bernanke slapping trail dust from his leg, ducking his head, and saying, “Just doin’ my job.”
After all, running the economy is as... view full article >>