MEMBER SIGN IN
Not a member? Become one today!
         iBerkshires     Berkshire Chamber     MCLA     City Statistics    
Search
Home About Archives RSS Feed
@theMarket: The Trump Dump
By Bill Schmick,
10:09AM / Saturday, May 20, 2017
Investors were shocked this week when the U.S. stock markets fell almost 2 percent in one day.    Wall Street blamed it on the growing scandals engulfing the White House. However, there was little follow through despite predictions that this was the beginning of the long-awaited pullback.   To be honest, much of the controversy coming out of Washington — demand for Trump's impeachment, obstruction of justice, witness-tampering, etc. — is simply partisan politics deliberately fueled by a biased media. All of the above, which had been building for days, finally reached the tipping point for investors. As weak-kneed day traders started to sell,

0 Comments
Read More >>

The Independent Investor: Health-Care Costs Are Strangling Us
By Bill Schmick,
05:03PM / Friday, May 19, 2017
Recently, none other than the Sage of Omaha, Warren Buffet, has sounded the alarm on what he sees as the number one threat to American businesses — rising health care costs. His advice is that we better do something and do it quickly.   While Congress bickers over how to repeal and replace Obamacare, there is still a large body of American politicians who believe we should simply return to the good old days. While they fiddle with adjusting insurer's premiums, or gutting Medicaid, the entire healthcare system surrounding them continues to burn. While they debate whether you should be responsible for your own medical insurance and how much Medicare should cover,

0 Comments
Read More >>

The Independent Investor: Cosmetics Survive, Prosper Despite Competition
By Bill Schmick,
05:26PM / Thursday, May 11, 2017

As the clash between brick-and-mortar retail enterprises and the mighty Amazon escalates, the internet shopping colossus is laying waste to one store or mall after another. One of the few areas that has not only staved off the internet shopping giant, but has actually turned the internet and social media to its advantage, is the cosmetics industry.

There is a combination of fortuitous developments, some peculiar to the makeup industry, and others the result of adept marketing that has allowed the beauty trade to grow unencumbered. Social media, as you might imagine, has played a big part in growing an industry that has revenues of $62 billion and climbing.

For decades, women

0 Comments
Read More >>

@theMarket: Earnings Better Than Expected
By Bill Schmick,
02:21PM / Saturday, May 06, 2017
First-quarter earnings are coming in higher than expected while stock indexes hover just below historical highs. All that is necessary for further gains is a catalyst and that may be just around the corner.   This Sunday, French presidential elections will occur. As I wrote last week, it appears that the centrist candidate, Emmanuel Macron, has a widening lead over Marine Le Pen, the more radical right-leaning candidate. Why is that important to you?   It is all about the continued stability of the European Community and their currency, the Euro. Investors are concerned that if Le Pen should win, she might try to pull France out of the EU (think of the U.K. and

0 Comments
Read More >>

The Independent Investor: Only The Rich Are Saving
By Bill Schmick,
06:12PM / Thursday, May 04, 2017
Last quarter, the  percent age of Americans' personal savings rate stood at 5.9  percent of their disposable income, according to the Bureau of Economic Analysis'. Given that number had fallen to as low as 1.9 percent in 2005, that's a large improvement. But who is saving and who is not is the real question to ask.   Our savings rate is clearly higher than it used to be relative to other countries. It is nowhere near the Chinese savings rate of 38 percent of 2014, for example, but it has improved to the point that we are now somewhere in the middle of the pack when looking at the 35 member countries of the Organization for Economic Cooperation and

0 Comments
Read More >>

NorthAdams.com is owned and operated by: Boxcar Media 106 Main Sreet, P.O. Box 1787 North Adams, MA 01247 -- T. 413-663-3384 F.413-663-3615
© 2008 Boxcar Media LLC - All rights reserved