Author Archives: John Thomas

Facebook to Offer New Dating Service

Just when you thought it was safe to go back in the water, here comes Facebook with an apologetic new service that will appear to make you happy, while gobbling up more of your personal data. News of the dating service was released by CEO Mark Zuckerberg during a presentation at Facebook’s F8 developer’s conference. “If we’re focused on helping ...

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Made in China

“Study the past, if you would divine the future.” – Confucius It may have been first said by Confucius, uttered by the great Spanish philosopher George Santayana, and written about by the likes of Gibbon in The Decline and Fall of the Roman Empire. If you do not know history, you are doomed to repeat it. In the context of ...

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Buying Stocks During Earnings Season – Or Not

The vast majority of public companies use a calendar year for their corporate financial reporting period. The Securities and Exchange Commission requires these companies to produce a 10-Q or quarterly report every three months. The first quarter of a calendar year-end reporting company would be January, February and March. Thus, the company would have 45 days from the end of ...

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Ford Staying Innovative and Ahead of the Curve

Car historians and gearheads alike are taken aback by the recently announced move by Ford Motor Company that it will no longer make traditional sedan models in an effort to save costs and focus on SUVs. Before you stand on a chair and wrap the Venetian blinds around your neck, not to worry, the Mustang made the cut. While car ...

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American Consumers Gain Confidence in the Economy

Getting a boost from this year’s tax cut, the weekly consumer comfort index and bi-monthly consumer sentiment index have been hitting expansion highs as has the monthly consumer confidence index, according to today’s release by the Conference Board. If he hasn’t done so already, this is a Tweetable moment for President Trump. In what may be the most significant development, ...

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The Fed is Disconcerting to the Banking Industry Right Now

The Dodd-Frank Act is being scrutinized currently by banks, both large and small, as well as investors in the banking and finance sectors. Dodd-Frank Act stress testing (DFAST) is a forward-looking component conducted by the Federal Reserve and financial companies supervised by the Federal Reserve to help assess whether institutions have sufficient capital to absorb losses and support operations during ...

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Trump Tweets that OPEC is at it again

The latest topic of tweets coming from President Trump are in regard to oil prices.  West Texas crude closed at $68.40 Friday, continuing is strong run from the low $40’s in June. Gas prices in Washington and elsewhere in the country have topped $3.00 per gallon, a psychologically important point. With summer approaching, prices traditionally are likely to rise further. ...

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How Treasury Bonds Affect Your Stock Portfolio

Modern portfolio theory loosely states that it is the composition of stocks, bonds, and cash as a class that makes a difference in returns, not a particular stock or bond.  It is whether you are in stocks or bonds as an aggregate, as opposed to owning IBM or Microsoft. We find ourselves in a current financial environment that is testing ...

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Emergency Law Considered to Stop Chinese Takeovers

What started with protectionist tariffs, then swiftly advanced to currency manipulation, has now progressed to the possible utilization of a 1977 law known as the International Emergency Economic Powers Act, which could allow President Trump to declare a national emergency in response to an “unusual and extraordinary threat,” allowing him to block transactions and seize assets. Yes, we are again ...

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Trump Tax Cuts Will Increase Retail Sales

The question you have to ask yourself; what will I do with extra tax money from the Trump tax cuts this year. That’s a tough one for both you and economic analysts. On one hand, you would love to save, and increase the abysmal U.S. individual savings rate. On the other hand, it sure would be nice to have less ...

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