An Unemployed, Automated Economy

We are a long ways from the 1889 story of the commissioner of the U.S. Patent Office, in which he was ready to close up shop and famously uttered "everything that can be invented has been invented." Unfortunately, when people reference this guy, it's usually to point out how wrong he was and to show…

Bullish for Bullishness’ Sake

In a recent Investopedia article, The Ultimate Bull: Laszlo Birinyi's Bet on the S&P, long-time Wall Street veteran and frequent guest contributor for CNBC Laszlo Birinyi reiterated his bullish stance on the broad U.S. markets. This is so despite the fact that the blue chip indices have largely gone nowhere since the beginning of the…

Stocks vs. Gold

Dear Reader, I truly hate this comparison. Commentators on both sides use it for their own personal bias, but it’s simply not an apples-to-apples comparison. Gold is money. It’s a currency, and if the CNBC pundits want to compare gold to something, compare it to the U.S. dollar or any of the other 3,000-plus fiat…

Global Tragedies and Financial Mess

What a difficult day to attempt to write, with the recent news of bombings in Brussels and 34 reportedly killed and hundreds wounded. Our thoughts and prayers are undoubtedly with all who were directly impacted by these acts of terror. Reflecting on global events was very much on my mind today. Staying up to date…

We are Seeing the Rise of the Machines

Dear Reader, We’re coming to a time with cars that drive themselves, collapsing our insurance premiums, reducing traffic, and hopefully allowing us to get some extra sleep while on the road. Drones are already delivering packages for Amazon. McDonald’s is moving to automation, for both the cash register and the actual hamburger making. Domino’s announced…

The Latest Surge in Oil Prices

Overview Over the past couple of weeks, oil prices have increased at a rapid rate. There are a lot of people who think that oil is recovering quickly due to decreased supply in the market. Many countries that produce oil want to lower production in order to drive up prices. However, other people believe that…

Will SeaWorld’s Concession be a Boom or Bust?

It's a shocking move, no matter how much of it was written on the wall. Under substantial pressure from animal rights organizations and the broad public, SeaWorld Entertainment, Inc. (NYSE:SEAS) announced a major concession — the company will cease its breeding program for captive orcas, and they will no longer be forced to perform crowd-pleasing…