With visions of sugarplums in their heads, investors will most likely take a break this week awaiting our government to miraculously agree on some sort of compromise. While there have been miracles on this day we don’t expect another one. We are starting to truly believe that the White House wants no decision and is ok with the US falling off t...

Normally, I don’t write or comment about individual events that happen during the week. I leave those events for the Insights column on Monday. Give the events time to percolate and reach a boil. Time passing is always the most effective way to digest a news event. The pending “Merger” between the Intercontinental Exchange (ICE) and the N...

This Fiscal Cliff stuff is even more annoying now than two weeks ago. Two sides playing a game of who jumps first and neither side is willing to even make a step. Gotta love our politicians. The market is telling you exactly what is going to happen: Nothing. Since the government has been immersed in the Fiscal Cliff debate we haven’t seen th...

Looking at the barrel of a loaded gun is usually incentive enough for anyone to strike a deal. The political powers that be that are working on the Fiscal Cliff resolution have yet to see that “loaded gun”. The negotiations started after the elections were over and the chance of losing one’s position in Congress is now out of the question. ...

The Fiscal cliff. Enough said. The next two weeks could change the course of the economy for several years to come and there is no clear cut solution to this situation. As we have said countless times on TV and in print, the last thing we will ever want to do is rely on politicians to do the right thing. They just don’t know how. We also und...