It’s 3:00 A.M. on a cold winter night and you are fast asleep. As you are sleeping, something fascinating is taking place at most banks and financial companies. Your money is on the move, and in about 15 minutes it will circle the globe and be used to fund all sorts of transactions. So, what [...]

China is the new land of opportunity. Their economy has the fastest growth rate in the world and is projected to grow larger than the U.S. in a few years. American companies are building operations in China and expanding capacity in the U.S to bring more goods and services to the flourishing Chinese market. Legend [...]

I have always liked the childhood story Rumpelstiltskin. My favorite part is Rumpelstiltskin’s ability to turn straw into gold. I’ve often wondered if you could really do this. While I have not been able to find little trolls in the forest that could pull this off, I did find something that the Fed and the [...]

Everyone seems to be concerned with budgets today. And, why shouldn’t they? Prices are going up and, too often, salaries are going down. People appear to be looking for ways to make cuts. Belt-tightening is never a fun thing to do. But, what are the alternatives? Is borrowing more money the best option? Is adding [...]