Now that new Treasury Department rules have effectively thwarted Pfizer's attempt to evade its U.S. tax obligations, it's time policymakers turned their attention to something far more common -- and even more damaging.
The best advice we can offer equity investors during the course of this transition is to stick with quality, balance-sheet strength and strong management teams. There will come a time to get more aggressive, but the wait may be longer than most think.
Sarah Meyohas, an artist we interviewed back in January, has had her New York Stock Exchange account closed by Charles Schwab. She has exhibited her paintings which reflect her stock market trades and their effects on the market at Gallery 303.
The forecast stands in stark contrast to some other analysts. Barclays, for example, sees the potential for oil prices to fall back to the low-$30s in the short run as speculators start to retreat from their recent buildup in bullish positions.
The critics of the financial reform Dodd-Frank Act are fond of saying that it doesn't work -- some going so far as to say that the financial system is just as much at risk as it was in 2008, if not even more so.
Trading can be an exciting and rewarding way to reach financial freedom. It can also be a very difficult and very challenging experience. There is no end to the different tips and suggestions out there on trade systems and philosophies. They all have some sort of benefit.