Opened lower; stable, on Greece and Goldman.
Posted by Don on Apr 21, 2010
The market opened lower, and is expected stable, on news that largely comes out of Greece (again.) Greece is still about two weeks away from any settlement with the IMF and EU community, and may request emergency funds during that interim. All of this has the market a bit unsettled, causing some flight to bonds. On other news that could be market moving, yesterday Bank of Canada hinted at a rate...
Read MoreHappy Tax Day!
Posted by Don on Apr 14, 2010
On this eve of the final due date for taxes, I thought I would post a little blog about the effect of taxes on our productivity and wealth. No, I don’t want to get into the politics of it; but as the mathematician that I am, I did an interesting exercise recently. I worked out the math for the following scenario: If you take a dollar, and double it every day, how much would you have after...
Read MoreAn outstanding article!
Posted by Don on Apr 14, 2010
Wow. For anyone who wonders about the true state of the national (and global) economies, this article is outstanding! http://mises.org/daily/4218 It’s a bit long; and I had it open in my browser for a few days, reading a little bit here, and there. But most often these days, you can commonly read or hear something that’s popular, simply because it’s inflammatory or accusatory....
Read MoreBeware, the Government-only Students Loans
Posted by Don on Apr 5, 2010
This is not to debate the political wisdom or not, of rolling Student Loans into a Government-only control (as has just happened under the new Health Care bill). This is just a quick, little blog to discuss something that I’ve not heard mentioned on this issue, to date. And those who are contemplating such loans would be prudent to keep this in consideration: Formerly, any neighborhood...
Read MoreThe times we’re in.
Posted by Don on Mar 30, 2010
This is long post — much longer than I plan to put here on a general basis. But this will give a good foundation for everything that’s yet to come, as it resides there in the archives. It’s a post about where I think we are generally going to go with rates (and why) — largely because of the times we’re in. Most of the posts after this one should be more on a daily...
Read MoreWelcome to the blog!
Posted by Don on Mar 30, 2010
Our host site, DonChinnici.com is dedicated to multi-faceted financial services: Debt reduction, wealth accumulation, commercial and residential mortgages, and some very creative solutions to today’s main issues. In that setting, I normally follow the interest rate news pretty closely — and have a few opinions of my own as to what is financially smart, and not so smart — on...
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