Insights

New regulations from the Department of Labor go into effect in 2012. The new requirement getting the most attention is that of providing the cost information to participants on how much is coming out of their account both in $ and % for fund costs and any other costs...

Stocks are down 1% - 2% today in the US and Europe. Bond prices are higher and the US dollar is up sharply. Gold and oil are down at least 2%. The higher dollar and lower stock prices are in spite of short-term sovereign debt auctions in Italy and Spain that went much...

I got this in an email. It does not give the source. The comments are those of the original writer. I have no reservations about having a balanced budget but plenty about having a balanced budget amendment. That’s because politicians are likely to take what they view...

Santa is such a last minute guy. Markets are up 4% this week here, Europe and Asia with another half day to go before Christmas. A typical Santa Claus rally keeps going the following week and into the new year. Volume will be light and that can amplify moves. The most...

Yesterday I wrote that the traditional Santa Claus rally had been missing. Europe started the party early today, going up as much as 3% and the US markets have seen that and raised it, up as much as 4%. Even better, the market has continued to climb as the day has...

No sign of Santa yet - the normal "Santa Claus rally" that runs the second half of December and often well into the first quarter is nowhere to be seen yet. Meanwhile, markets in Europe and the US continue the pattern of starting out the day well and seeing gains...

The European Central Bank (ECB) has refused to loan money directly to governments in order to bail them out or to buy more than limited quantities of their bonds. It has, however found a back-door way of doing the same. It is offering unlimited 3-year loans to banks...

Today the CPI was reported as being flat from last year. What? - you say, how can that be since I pay more for things than I did last year? The answer is a little complex but simply put, because of the tremendous incentive for the government to understate the CPI - it...

There is a new government requirement that employers with a 401k plan disclose to participants the costs. If you are an employer, you need to look at your plan to find out the costs and see if they are as low as they should be. For the majority of people reading this...

I ran across a very interesting article at this address http://seekingalpha.com/article/313733-what-is-the-real-unemployment-rate?source=email_macro_view&ifp=0 The article makes the point that if the same number of people were looking for work today as in 2007 the...