Category Archives: Economy

NECESSITY, THE MOTHER OF INVENTION

In past years the estimate for usage of various commodities, especially metals, centered on China’s growth. At one time, China purchased 40% of the cement manufactured. Nickel, used to make stainless steel and such obvious products as cookware, and the … Continue reading

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IT’S BAAAACK – THE VOLKER RULE

In our last newsletter, we told you the Volker rule was not being implemented. However, sentiment shifted with JP Morgan’s “London Whale”, which ended up costing the firm $6 billion. The Volker rule was approved by the Federal Deposit Insurance … Continue reading

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2013 – ECONOMY AND FINANCIAL MARKETS

The U.S. stock market ended the year with many of the American indexes reaching record highs on the final trading day for only the sixth time in its history.  The market chose to ignore such uncertainties as: Government shutdown Boston … Continue reading

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