recession

It’s always a surprise when a brand we all grew up with goes out of business. Many outside the airline industry were surprised when Pan Am filed for bankruptcy; a…

It’s back-to-school time, which is usually a glorious moment for beleaguered retailers. But this year, there’s more at stake than a new box of crayons for little Johnny. There’s a…

On December 11th, 2013, when the Dow Industrials were at 15,843.53, I made series of observations about the economy that were overall positive, but also allowed that a correction for…

Anyone with a 401(k) or investments in the stock market, which is roughly half the people in the US, already figured out that 2013 was a banner year for stocks.…

The number of people invested in the stock market is the lowest since the late 1990s and, despite a recovery that’s seen market valuations return to record high levels, Americans…