James Bond can’t be any other race than white and Scottish!

Even though Bond is a fictional character, has become real in the heart, mind and soul of the previous generation as he was always fighting corruption and communism which was the greatest threat of their time. Our children should look at something like James Bond as a gift from their parent’s era. James Bond was invented, created by Ian Fleming ... Read More »

Currency Strategist: Consumers Spend What Cash They Are Saving on Cheaper Gasoline

Most U.S. retailers reported strong sales in October, a sign American consumers were spending with more gusto and could help keep the economy growing at a brisk pace. Other data on Friday showed consumer sentiment rising to a seven-year high this month, also positive for the spending outlook as the country nears its traditional period of frenzied holiday shopping. A ... Read More »

Marc Faber: Stocks Still Headed for Major Correction

For at least two years, Marc Faber, publisher of the Gloom, Boom & Doom Report, has argued that the stock market is ripe for a 20 percent correction. Now that the S&P 500 index has more than tripled from its March 2009 low, Faber holds to that view more tightly than ever. “Two years ago, I was of the view ... Read More »

NYT: Buffett Uses Tax Dodges as He Calls for Tax Increases on Wealthy

Warren Buffett has been a staunch advocate for higher taxes on the wealthy for some time, but he sings a different tune when it comes to his Berkshire Hathaway. The company agreed to buy Duracell battery from its owner Procter & Gamble for approximately $4.7 billion Thursday. Berkshire will use its own P&G shares to pay for the purchase. That ... Read More »

Fed’s Bullard: Inflation Indexes Fail to Justify Near-zero Rates

The Federal Reserve needs to move more quickly with raising interest rates, a top Fed official said on Friday, as low inflation readings fail to justify keeping rates near zero. Lower oil prices and job market data that are exceeding Fed forecasts are helping to propel the U.S. economy, said St. Louis Fed Bank President James Bullard. Inflation moving away ... Read More »



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