On the Street

Should Investors be Concerned with the Selloff in Chip Stocks

Since the Christmas low, the semiconductor industry has been among the top performing groups—outpacing the tech sector as a whole and the overall market. However, the chip sector has gotten hit with some selling pressure in the last week and the industry has been lagging the overall market as a result. From March 21 through March 27, the VanEck Vectors ...

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The Big Business of Men’s Business Suits

This fad has come and gone before, as companies use whatever means possible to attract the best employees. One of the most popular perks is casual dress, especially for men. Wearing jeans and a golf shirt to work at Goldman Sachs is not a new concept. In the go-go days of the internet revolution, where the best and brightest were ...

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Huge Major League Baseball Contracts are Losing Proposition

If you follow sports even remotely, you have heard of baseball player Bryce Harper and the enormous contract he recently signed with the Philadelphia Phillies. In fact, it was the largest in the history of team sports. The financial tidbits are astounding, so I have to throw out one. Harper will make $44,000 every time he goes to bat. Yes, ...

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Left Usurps Modern Monetary Theory for Socialist Agenda

Everyone from politicians and economists to ill-informed college students are discussing the merits of what is referred to as Modern Monetary Theory (MMT). While the theory is nothing new, it has been adopted by those that are very new, the socialists among us. I don’t know about you, but I immediately get hot flashes when I see the likes of ...

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Senior Citizens more exposed to fraud than ever

Those that prey on the seniors in our society are using technology to allow them to access just about every faction of one’s life. This takes a special kind of hubris to commit fraud to those of the greatest generation and others. Now the U.S. government is getting into the act. Attorney General William Barr announced on Thursday that the ...

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America Needs A New National Anthem That Average People Can Actually SING!

It’s all President Herbert Hoover’s fault, that wonderful man who brought us the Great Depression. He’s also the one who signed a 1931 Senate bill officially adopting The Star-Spangled Banner as America’s national anthem. Mind you, efforts had started as early as 1916 to shove this little diddy down Americans’ throats, but those early Congresses had more sense, rejecting the ...

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UK says Facebook “Intentionally” Violated Privacy Laws

In a report released Monday, British lawmakers claim Facebook “intentionally and knowingly” violated the country’s data privacy laws. The report is yet another step backwards for the social media giant, which has faced increasing criticism since the Cambridge Analytica scandal broke in March 2018. Facebook’s “handling of personal data, and its use for political campaigns, are prime and legitimate areas ...

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Personal Debt Info Shows Troubling Trends

Earlier this week the Federal Reserve Bank of New York issued a report about personal debt and there were several trends that are concerning. First and foremost, household debt rose to a record level in the fourth quarter of 2018. The total household debt came in at $13.5 trillion—yes that is trillion with a “T.” The fact that it hit ...

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