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Cliinton and Pence Victory

Trump wins, fearmongers lose

November 9, 2016 by Matt McCracken
We all know Wall Street desperately wanted Hillary to be President and tried using scare tactics saying the market would plunge 10+% in the event of a Trump victory. And futures are down, but no where near the 10% they promised. The thinly veiled...Read more

The end of an era: Driverless Trucks will soon be the norm...

October 25, 2016 by Matt McCracken
News today via CNBC that AB has made the first driverless truck delivery . I've read about this inevitable development for quite some time. I remember in school, an owner of a local trucking company spoke to our management class and the number one...Read more
Wells_Fargo_logo

How to prevent another Wells Fargo type scandal

October 12, 2016 by Matt McCracken
Two words: Glass-Steagall. I admit it, I am an unabashed Glass-Steagall apologist. I think it would go a long way to solving a great number of our nation's problems, especially the financial ones. Consider its success. During the enforcement of...Read more

However, there will be no poor among you...

July 20, 2016 by Matt McCracken
However, there will be no poor among you, since the LORD will surely bless you in the land which the LORD your God is giving you as an inheritance to possess, if only you listen obediently to the voice of the LORD your God, to observe carefully all...Read more

Banks to pay large fine for FOREX market rigging

March 14, 2016 by Matt McCracken
It was just announced that several large banks will pay fines and plead guilty to marketing rigging in the currency and bond markets. Isn't rigging currency and bond markets not what the Federal Reserve and practically every oether central bank does...Read more

Great day to buy oil...again?

December 18, 2015 by Matt McCracken
On January 13th of this year, I wrote a post called Great Day to Buy Oil? It wasn't the lowest close in oil in Q1 but darn close to it. And it turned out to be a great day to "trade" oil on the long side as it shot up over 31% in the next five...Read more

Greece Crisis: Watch this...

July 6, 2015 by Matt McCracken
Headline from Yahoo!Finance this morning: The Latest: Tsipras calls Putin in wake of referendum result Over the last few weeks, the courtship between Russia and Greece has heated up. While Greece's failure to pay their debts may not impact the US...Read more