Earlier this month, I wrote about why I think the future of the American economy depends on the ingenuity of the American people. Today, I’d like to share some steps I think our country can take to ensure that future is a bright one.
The most obvious step, to me, is ensuring we have the best [...]

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As to the market, which is very good about following the rules of supply and demand, these are very interesting times.
Demand is down, in part because of lousy economic news (which I’m not going to go into today).
Bond yields are at record lows … a clear sign of the market’s “flight to safety.”
And it’s extremely [...]

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Several of my friends turned 60 this year (I’m not there yet) and to celebrate, 10 of us (five couples) will be sharing a villa in the Italian countryside for a week in September.  In fact, my mind is already in Italy, to some extent, as I’ve been reading guidebooks, pulling out old magazine clippings, [...]

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For this week’s issue, I’m going to dip into the mailbag. A few days ago, I received this email from a reader:
“As an employee of Delta Airlines, I would appreciate some comment on Delta’s stock. I think we are poised as ever for a great recovery.”
We’ve been writing about airline stocks a lot recently (I [...]

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Investing in airline industry stocks is a challenge.  Airline companies generally have low profit margins, high debt loads and cyclical performance.  The industry is very competitive in the U.S. and overseas, as too many airlines compete for too few travelers.
After consumers and businesses reined in travel spending in 2008 and 2009, travelers are flying once [...]

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