Archive for the 'Economy' Category

Taj Mahal says Rupee In, Dollar Out

If the dollar’s worldwide slide in value hasn’t set off any alarms yet, you should take note of the latest news out of India. The dollar is no longer accepted at the Taj Mahal and other tourist sites throughout India. Granted, this isn’t exactly the arbiter of the dollar’s value, rather it’s an exemplification of […]

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Technology Bubble, Housing Bubble, Economic Bubble?

Over the last several weeks, the market turmoil has been acutely painful. I don’t say that because I merely lost 10% of my retirement portfolio (invested in index funds by the way), but because we’ve seen another example of an asset bubble popping… and the hissing sound can be heard around the world.
While I […]

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Hedge Funds Demystified

The current image of the hedge fund and/or private equity fund leaves me a bit mystified. It’s as if all the politicians and his merry men decided to gang up on an industry that’s been around for a very long time and serves a demonstrably good purpose in the public and private financial markets.
I’ve […]

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China, Blackstone, & Political Intrigue

For those of you that think business circulates in your little niche and the world’s news does not bear fortune nor failure, you’re likely right. For those of you that are intrigued by the world of private equity and the affect it’s been having on business in the United States and abroad, read on. For […]

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Gas Prices: Is there anything that we really can do to save a buck?

Wisebread discusses some things we can do to save a bit more. They’re all great suggestions, but how many times can I hear the same iterations and expect to be thrilled (ok, point number 10 was well received, but remember that you have to pay for the meal beforehand: translation expensive!).
Here are some REALLY […]

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Bizarro Personal Finance

There are some things you should never do when it comes to dealing with your personal finances.
These include:
1. Miami Driving - Transit Miami was proud to point out that Miami was rated as the area with the worst road rage in the United States. As a native New Yorker, I’m personally offended and would […]

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The Wealth Effect

I realize that I’m one day behind on this one, but I actually wrote this yesterday and only write this blog in my spare time…
I found some nice words of personal financial wisdom from Well-Heeled. While it may be odd that she was able to come up with exactly 10 rules (I would only […]

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Wal-Mart is a Screaming Buy

The incessant chatter about the demise of big old evil Wal Mart has certainly been raised a notch. With yesterday’s news that Wal-Mart’s sales declined 3.5% in stores open at least a year in the month of April, we’ve seen a lot of those that disagree with its policies come out of the woodwork. Again.
Take […]

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