Money and Markets Financial Advice Financial

Interest Rates Stirring Again Dont Miss This Wake-Up Call!

by Mike Larson | Friday, June 27, 2014 at 7:30am

I havent said much about interest rates lately for two good reasons: First, nothing has changed about my long-term forecast. I believe theyre headed higher. Heck, the 1.4 percent 10-year Treasury

Syria, Israel Swept Up in Iraq & Mideast Mess!

by Mike Larson | Wednesday, June 25, 2014 at 5:00pm

Stock markets suffered their worst day in several weeks yesterday, while volatility surged by more than 10 percent. The deepening conflict was the proximate cause, especially because there seems to be no easy way out. The alliances and loyalties of fighters and governments on all sides are complex, and the sands keep shifting from day to day and week to week.

Energy Leaving S&P 500 in the Dust! Are YOU on Board?

by Mike Larson | Tuesday, June 24, 2014 at 5:00pm

Look at this chart and just try not to salivate. It shows the performance of the Energy Select Sector SPDR Fund (XLE), a diversified ETF that holds 47 leading oil and gas drillers, refiners, and energy services firms ...

$9B Here $10B There Mega-Banks Paying Out Real Money!

by Mike Larson | Monday, June 23, 2014 at 4:35pm

The late, great Illinois Senator Everett Dirksen is credited with saying: A billion here, a billion there, pretty soon, youre talking real money. He was talking about government spending and deficits. But he might as well have been referring to the mega-penalties the worlds mega-banks keep being forced to pay out!