Bob McCarty Writes

Should we party like it’s 1999?  Probably not now. On March 29, 1999, MSNBC aired the promo below which contained a question many didn’t want to consider:  “The Dow hits 10,000.  Will it continue to soar or will it sour?” As the Dow hovers precariously close to the 10,000 range, the more-likely question about the [...]

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As recently as two years ago, the prospect of being involved in what was expected to be the greatest transfer of wealth in the history of the United States had financial planners, philanthropists, development officers and others licking their chops. Today, thanks to President Barack Obama, that excitement has waned as involuntary wealth transfer appears [...]

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I’m not superstitious like Barack Obama is.  I am, however, skeptical about the outlook for our nation’s financial future well-being under the socialist-leaning president-elect — and, apparently, I’m not alone. The chart above shows how the Dow-Jones Industrial Average is down nearly 20% since Obama won the presidential election Nov. 4 (H) in the largest [...]

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While several noteworthy anniversaries passed over the weekend, they received scant attention in the news media; therefore, I’m going to list those anniversaries below for good measure: July 19, 2007 — The Dow Jones Industrial Average closed above 14,000 for the first time in history. July 20, 1993 — The 15th anniversary of the alleged [...]

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