In 1938, Mexico nationalized its oil industry, taking over all aspects from production to final distribution. This ban on ownership by foreign companies continues today; however, changes are underway.
Under the leadership of Mexico’s new president, there is a growing desire and need for the knowledge and technical skills developed by foreign companies, many of which are U.S.-based, to stem … Read More
Stock Market Crash August 2014.
Reflecting on this past Thanksgiving weekend, there was a lot to be thankful for, especially if you have been long in the stock market for the past four years. Now is a time for reflection.
The advance in the stock market has been stellar following the bottom in March 2009. The S&P 500 is up … Read More
One of the most amazing things occurred the other day: a former Federal Reserve official … Read More
As everyone is celebrating the market at record highs, another record was just broken and … Read More
The easy money will continue to be pumped into the economy by the Federal Reserve, … Read More
As most readers know, I have been calling for a reduction in the Federal Reserve’s … Read More