Finally, Maybe, Britain Exits

I wrote the following when the British voted to leave the European Union 3 1/2 years ago. Now it may finally happen. The arduous delay after delay reinforces the point of why they voted to leave so long ago……… -Cliff Jarvis   “Sixty years ago, the nations...

Negative Interest Rates?

I So here’s the deal.  You give me $10,050 today and I will pay you little or no interest.  After five years,  I will give you back $50 less or $10,000.  Additionally, the interest payments you will receive will not be enough to compensate you for difference of ...

Buybacks Drive Stocks Higher

The tax cuts that went into effect this year lowered the corporate tax rate from 35% to 21%. Of course, most corporations were not paying that, the effective rate that was actually paid was much lower. However, the new lower 21% official rate allowed corporations to...