October 21, 2014
Technical Analysis vs. The Fundamentals
When I worked at the Chicago Board of Trade (a long, long time ago), I met a guy who traded stocks, bonds and commodities, and based his investment decisions by meticulously charting daily and hourly movements of the prices fluctuations....
October 20, 2014
From Jeb Hensarling, Sensible Talk on Immigration Reform
(This originally appeared in the Wall Street Journal’s Think Tank) I don’t agree with Jeb Hensarling on everything. (For example, I think his attack on the Export-Import Bank is a needless distraction.) But he is spot-on when it comes to immigration reform. In The...
October 20, 2014
Prodding the Irish Peace Process
Late last month, a group of concerned Irish-Americans (me included) released a letter, urging all parties in Northern Ireland to move forward on implementing the Good Friday accords. I thought I would share with you the letter:...
October 17, 2014
The Other Issues (Outside of Ebola and ISIS)
As previously mentioned, two issues dominate the headlines: Ebola and ISIS. But they aren’t the only issues that are driving this election. The two most under-rated issues, in my humble opinion, are the rising costs of Obamacare and Michelle Obama’s...
October 16, 2014
Low Expectations for Congress’s Lame-Duck Session
(This originally appeared in the Wall Street Journal’s Think Tank) There are two schools of thought about the coming lame-duck session. The Optimist School believes that Congress will work on a whole slew of must-pass legislation, including an omnibus appropriations...
October 15, 2014
The Angriest Month for Investors
October is misnamed. And maybe that makes it an angry month. It’s the 10th month, but October, in Latin, means the 8th month. The Romans had initially slated October to land somewhere closer to the August time slot, but then...