Buffett may be among the world's richest men, but you wouldn't know it by meeting him.
He wants to be liked far more than he wants to be famous, and his sense of humor is far more indicative of his personality than his ego.
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Ronald Reagan, the 40th President of the United States (1981-1989), was a busy man.A former actor and governor of California, Reagan negotiated a treaty with the Soviet Union to eliminate intermediate-range nuclear missiles, exacted punishment against Libya for its involvement in a Berlin attack on American soldiers, and supported anti-Communist insurgents in Central America, Asia, and Africa.Read more ›
Without realizing it, our everyday rants about housing, grocery prices and car loans are sprinkled with Federal Reserve influences. Even if you don't actually utter the words "the Fed" in such conversations, you are touched in numerous ways by our nation's central bank.Read more ›
"You can always trust the Americans to do the right thing, but only after exhausting all other possibilities." --Winston Churchill When it comes to our political leaders in Washington, let's hope Churchill was right. If he's wrong, then the U.S.economy -- and the stock market -- may be headed for a sharp shock. It's bad enough that Congress and the White House can't seem to come any closer to an agreement to close the budget deficit. Now, Washington is simultaneously looking at the federal debt ceiling, aiming to tie the two issues together. That means if one problem doesn't get resolved, then the other won't either. It's unclear whether politicians understand just how dangerous that is. This means a doomsday scenario may kick in by early August. A closer look at the issues -- and some common-sense solutions -- should be the focus of all investors right now. The closer we get to that date without a resolution, the less inclined you should be to add any new stocks to your portfolio.Read more ›
Buckle up and hold on -- a new round of quantitative easing is here and things could start getting very ugly in the financial world over the coming months.The truth is that many economists fear that an out of control Federal Reserve is "crossing the Rubicon" by announcing another wave of quantitative easing.Read more ›
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