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Now that bitcoin has subsided from speculative bubble to functioning currency (see the price chart below), it’s safe for non-speculators to explore the whole “cryptocurrency” thing. So…is bitcoin or one of its growing list of competitors a useful addition to the average person’s array of bank accounts and credit cards — or is it a […]

Suddenly, We Have Problems

A rising stock market, like a rising tide, can cover a multitude of interesting and/or scary things. If the finance guys who really know what’s going on are buying, then the disturbing stories that lead each evening’s news must be manageable. And we, in general, must be okay. But let the market fall a bit […]

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Fed Smacks Dollar; Europe and Japan Lose Hope

The Fed spoke today and as usual it made news — though this time it might actually be real news: FOMC’s fear of a strong dollar drives greenback lowerNEW YORK (MarketWatch) — The U.S. dollar turned lower against rivals Wednesday afternoon after the FOMC released minutes from its September meeting, revealing that members raised concerns […]

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