Recent Posts

Wells Fargo can’t quite seem to fix its wagon

Waiting for another sign that Wells Fargo & Co. has turned a corner? Its fourth-quarter earnings provided differing levels of validation for investors who had sent the stock flying to a record earlier this week. For the first time since the GOP tax bill was passed last month, Wells Fargo detailed its impact. The bank essentially confirmed expectations that the ...

Read More »

In Oregon, progressivism spills over at the pump

Frank Lloyd Wright purportedly said, “Tip the world over on its side and everything loose will land in Los Angeles.” Today, however, Oregon is the state with the strangest state of mind, which has something to do with it being impeccably progressive: In the series ‘Portlandia,’ the mention of artisanal lightbulbs might be satirical, but given today’s gas-pumping controversy, perhaps ...

Read More »

Draghi unheeded as ECB minutes prompt new bets on 2018 hike

Bloomberg The European Central Bank is again struggling to get the message across to markets that any unwinding of stimulus will be slow and steady. The euro soared, bonds slid and investors this week stepped up bets that interest rates will rise before the end of 2018, disregarding President Mario Draghi’s assurances that no such thing will happen until well ...

Read More »
Send this to a friend