According to a UBS study, millennials are as tight with their money as the generation born during the Great Depression. Patrick O'Shaughnessy of O'Shaughnessy Asset Management, wrote about the investing trends among millennials in his new book "Millennial Money: How Young Investors Can Build a Fortune."» Read More
While most people in our industry are quick to hoist Mr. Bernanke on a pedestal-just as the former maestro Allan Greenspan was—I think the entire institution should be canned.
Todd Gordon is a senior technical strategist & trader at Forex.com. In part one of this interview with market coach Doug Hirschhorn, he discusses the approach he's developed in his 10 years of trading. His most important lesson: Learning how to sit on his hands.
It's a fact that not all losses are created equal. There are good losses and bad losses, and it pays -- literally -- to know the difference. Here are four basic reasons why traders find it difficult to take a loss.
As town hall meetings this August have shown, any rational opposition to health care reform – and there is a rational case to be made against various Democratic proposals – has fallen victim to vitriol and hyperbole, which only strengthens the president’s cause.
I'm late to the "Mad Men" mania. Why would I want to watch a show about a bunch of chain-smoking, three-martini-drinking womanizing homophobic racists? Then I finally watched it.
Making money is not hard, but keeping it is. That's why top traders maintain three beliefs when it comes to money management.
Central bank decisions aside, the current market environment remains driven by risk sentiment, which brings us to tomorrow's July U.S. NFP report. The optimism is palpable that we'll see a more meaningful decline in jobs being shed, so the risks seem tilted to disappointment, which may come from an above consensus rise in the unemployment rate judging by the new cycle low in the Conference Board's labor differential, writes Brian Dolan, Chief Currency Strategist at FOREX.com
Major League Baseball is announcing this morning that it has signed an exclusive trading card deal with Topps. In an article commenting on the deal, Michael Eisner, who acquired the company two years ago, told the New York Times that the exclusive deal would lead to "redirecting the entire category towards kids." Baseball's executive vice president for business Tim Brosnan also mentioned how important it was to get kids back into the game
Snuggie for Dogs isn't especially useful, considering dogs come with their own Snuggie (aka fur). Handerpants are hilarious but unnecessary. But I've finally found something worth buying.
There are many ways to measure where we are in the economic cycle. GDP, unemployment numbers, housing starts, hot waitresses.
Everyone can achieve inner greatness. The key is to set goals. And while that may seem obvious, there are very few people out there who understand how to do this properly. For that reason, I've created a five-step process called C.H.A.M.P.
I give up. Just when I think I've seen it all...suddenly, there's Handerpants. "Underwear for your hands!" proclaims the marketers of the fingerless gloves designed to look like men's briefs.
The recent financial struggles of two formerly great athletes are a reminder that risk management is vitally important, no matter how much money you have.
Newly confirmed FDA Commissioner Dr. Peggy Hamburg has got her work cut out for her. The FDA is responsible for policing a wide array of consumer goods, from foods and pharmaceuticals to cosmetics and medical devices...the agency has limited resources, so she’ll have to identify policies that can do the most for the greatest number of Americans, writes Peter Pitts a former Associate Commissioner for External Relations at the FDA.
Many times over the past several months, I have opened a newspaper or tuned into a show to hear opponents of health care reform say that it’s not that they oppose universal health care – they just don’t want to pay for it. Why, they argue, should they have to pay higher taxes when they are perfectly satisfied with the way the current system benefits them?
Friday I got to dress up my basset hound, Homer, in a new, as-yet-to-be-released, beach knapsack made especially for dogs by Body Glove.....Pet products and services are a $40 billion business in the U.S. which may be recession-proof, so everybody would like to dive in.
One major bank's recent announcement that it will boost base pay while reducing bonus opportunities for certain employees spawned headlines around the globe, and with good reason.
No account of the financial collapse last year would be complete without an in-depth discussion of the role played by the credit rating agencies – the supposed impartial arbiters of debt whose decisions determine creditworthiness.
If human beings were purely rational actors, people would never enter into a mortgage contract they did not understand and our elected officials would be motivated entirely by policy – and not political – considerations.
Never underestimate the power of persistence. Throughout history, political, literary and sports figures have learned that lesson. In fact, Winston Churchill once said, “Success is not final. Failure is not fatal. It is the courage to continue that counts.”