“Wall Street may not cheer, but Obama’s been good for stocks.” — Jeff Sommer, New York Times (October 21, 2012) Back in 1989, when I started my investment newsletter, Forecasts & Strategies, candidate Ronald Reagan used to ask, “Are you better off than you were four years ago?” For investors who stayed fully invested during […]
Today, I turned 65 years old, the traditional retirement age. I have no intention of retiring; I love what I do, such as writing my investment newsletter. My question now: should I sign up for Social Security? […]
The Fraser Institute’s 2012 Economic Freedom Index was just released last week. The index is compiled by Florida State University Professor Jim Gwartner and other top free-market economists. It ranks 120 countries by five criteria: size of government, legal system, sound money, free trade and regulation. The latest index paints a negative picture of the […]
The overnight polls indicate that Gov. Mitt Romney trounced President Obama in the first presidential debate last night in Denver: 46% gave the victory to Romney, while only 22% offered their nod to Obama. I’m sure Romney will get a bounce in the national polls and in the swing states this week. Intrade, the political futures […]
Can Romney make a comeback? Yes, if he can reinvent himself and become more likeable. Newt Gingrich offered him some advice: Take on the media, Gingrich wrote in a Sept. 26 column in Human Events: […]
I spent the weekend in Medellin, Colombia, and I am amazed at the growth of this South American country, largely due to the efforts of its former President Alvaro Uribe. Prior to his presidency, Colombia was rocked with Marxist terrorism, out-of-control drug lords, and sharply rising crime rates. Business leaders were kidnapped and wealthy Colombians […]
Ben Bernanke is so anxious to keep his position as Fed chairman and re-elect President Obama that he is willing to risk the Fed’s long-standing political independence and, even worse, a runaway inflation. Today, in an unprecedented and controversial move, the Federal Reserve announced an unending round of “Quantitative Easing” of $40 billion a month […]
At the Mont Pelerin Society meeting that I am attending this week in Prague, the main topic is the future of the euro. Most experts here think the euro is doomed to disappear due to renegade member nations such as Greece that are refusing to adopt fiscally responsible policies. I asked whether any country has […]
I’ve never been to a political convention before, but Jo Ann and I were invited to the National Review party on Tuesday night at the Tampa Yacht and Country Club along Tampa Bay. We met quite a few friends right from the start, including conservative columnist Cal Thomas; Senator John Cornyn, the junior senator from […]
“I believe the 21st century will belong to China because most centuries have belonged to China.” — Niall Ferguson After this year’s highly successful FreedomFest, my wife and I flew to China for several speaking engagements and an opportunity to assess the second biggest economy in the world (although if you count the European Union […]
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