Tag: Business Columnists

Crisis Investing: The Fed’s Actions Are Going to Put This Asset Front and Center

Commentary It’s going to be one of the comeback stories of all time. The Red Sox in 2004. The Cubs in 2016. The Patriots in 2017. For the past 10 years, it has languished in obscurity—out of sight, out of mind. But now, thanks to the total [expletive] show that our economy and financial system…


The Real Culprit Behind Today’s High Oil Prices

Commentary Inflation is a tax. … An awful, regressive tax. Meaning, it negatively affects the poor much more than the wealthy. Especially where energy prices are concerned. It hits those hardest who can least afford it. And because it hits so many people so hard, folks (and politicians) tend to look to Washington for both…


This Day in Market History: Peter Lynch Is Born

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 19, 1944, Peter Lynch, legendary investor and former manager of the Fidelity Magellan Fund, was born. Where Was the Market? The S&P 500 finished the month at 11.85, and the Dow Jones Industrial Average…


China Builds 27 Empty New York Cities

Commentary As of 2016, China’s empty apartment units could house New York City 27 times over. What does this mean to you? There are a lot of carry-on effects from wasting so many resources. As you delve into a thought exercise to get more acquainted with the ruinous consequences of credit bubbles, be grateful that…


The Fed’s Shrinkage Problem

Commentary Imagine you’re at the helm of the Queen Mary…. You’re bringing your cruise ship into port when over the radio comes the harbor master telling you they’re having some docking issues so you’ll need to parallel park your ship between the Maiden of the Seas and the Ocean Dreamer. You’ll see the spot up…


Apple Unseats Samsung as World’s Top Smartphone Vendor In Q4; Is Cupertino Priming for a Bumper Quarter?

Apple Inc. has taken the pole position in global smartphone shipments in the fourth quarter, confirming the current strength of the iPhone cycle. Apple Reigns Supreme Cupertino’s share of worldwide smartphone shipments stood at 22 percent in the fourth quarter, according to a preliminary report from Canalys. That’s an increase from the 14 percent market share…


Beyond Bitcoin: The Next Phase of Crypto Disruption is Here

Commentary If you define the word “geek” as someone who is totally fascinated by technology and the potential it has to advance society… …And how to profit from it. Then I guess I’m a geek. And as a geek, I’ve been fascinated by the concept of cryptocurrencies since day one. It was an evolution of…


Inflation Scapegoating—Don’t Forget the REAL Cause!

Though he has—at last—recently acknowledged that high inflation isn’t quite so “transitory” after all, Federal Reserve Chairman Jerome Powell nonetheless still blames pretty much everybody but himself for the most rapid rate of producer and consumer price increases in 40 years. As I have quipped often, he has become adept at deflecting blame for these…


Americans Are Doing “Very Well” When Saving for Retirement

Is retirement saving reaching a crisis? Doomsayers would have you believe so. So let’s look at the facts closely and thoroughly. We are not facing a retirement crisis right now. The recent study claims that “painting an image of a catastrophe is false and leads to unwarranted government action.” According to the survey, less than…


How to Develop Lifelong Clients

By Krista Mashore According to a survey of businesses conducted by the consulting company Invesp (which specializes in conversion rate optimization), it costs five times more to obtain new clients as it does to retain old ones, and businesses have a 60 percent to 70 percent chance of re-selling to former clients versus a 5…