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If you were working for one of the most profitable investment banks in the world and got a big fat raise, you’d probably be jumping for joy. Not Chris Matta, a freshly appointed vice president...
The data breach of 50 million Facebook users is not just a social media problem. Nor is it strictly an excuse for investors to dump their tech stocks, sending them into a nosedive like we saw...
In September of last year, we issued the most ominous warning in the 46 years since I first founded my research company. We predicted a Great Convergence of historic cycles unlike any since the...
It is happening. Bitcoin and other cryptocurrencies are crashing. Well, sort of. This week Bitcoin sank below $10,000. It’s down from $21,000 a month ago, in a perfect storm of investor...
Investing in bank stocks should be a straightforward decision. If you know the cost of money and you know how a given bank operates, the result is “automatic” profits (in theory). The first data...
It’s that scary and uncertain time of the year again. No, not Halloween; Health insurance season! Medicare Open Enrollment started on October 15 and ends on December 7, while open enrollment under...
As you drive down the street, you often see different banks on each side of the road — and sometimes right next to each other. You go a few miles further down the road and once again, buildings...
Last week I wrote about Property & Casualty insurers that began operation within the last five years. I outlined that of the rated ones, a majority are considered vulnerable, with a “D” or “E”...
Generally, keeping all your eggs in one basket isn’t a good idea. That’s true when it comes to investing, and it’s the case for banking, too. Having a healthy mix of different loan types can be a...
Last fall, we had the “Trump Bump.” Last week, we got the “Trump Dump.” The Dow Industrials plunged more than 372 points on Wednesday, while the S&P 500 tanked more than 43. That was the worst,...