According to a Wall Street Journal/NBC News poll
which was conducted Oct. 22-25 last year, a majority of Americans
say the U.S. is headed down the wrong track.
52% said the country is on the wrong track compared to 36%
who said it is headed in the right direction.
The approval ratio for his handling of the economy had dipped
from […]

The U.S. Dollar is Dying a Slow Death.
The Dollar Is Losing Its Status as Global Reserve Currency.
I’m not an alarmist, but… Ding, Ding, Ding - Sound the alarms.
The U.S. Dollar is dying a slow death right this very moment.
Right in front of our eyes the value of your dollar is…
disappearing faster than a magicians […]

A Casualty of The Great Recession…
I was hanging out with an old friend yesterday
who has been underemployed since May.
With the U.S. economy in turmoil, her job cut her hours to
less than half even though she had been a valued employee
for almost 10 years.
Her attitude was “At least I still have a job.”
Many people in her […]

In 1844, 23-year-old Henry Lehman, the son of a cattle merchant, emigrated
to the United States from Rimpar, Bavaria. He settled in Montgomery, Alabama,
where he opened a dry-goods store, “H. Lehman”.
Three years later in 1847, his brother Emanuel Lehman arrived, the firm became
“H. Lehman and Bro” and three years after that their youngest brother, Mayer Lehman
arrived […]

Gold has exploded above $1,000 an ounce!
Crude oil has more than doubled from its lows!
Sugar prices are up 88 percent!
Copper is up 105 percent!
Lead has soared 125 percent!
What’s Going On?
Some of it is fundamentally driven — tighter supply, stronger demand.
But a significant chunk of those moves is pure monetary inflation.
So far this year, Timothy Geithner […]

The Unemployment Rate has gone up (again) to 9.7%.
The Fed is really walking a major tightrope at the moment.
They need to keep pumping in money to stabilize the economy …
but they’re risking serious inflation down the line.
One minor slip-up in their exit strategy and things could get out of hand quickly.
The best solution for most […]

Americans are witnessing the first phase of a major, millennial shift.
A shift of power, capital, wealth, and investment opportunities …
A shift from economies that are bogged down in debts and deficits
(like the almost 2 trillion dollar deficit in the US).
A shift to economies that are rich in cash, rich in commodities,
and full of confidence in […]

YESTERDAY - Tuesday July 21, 2009
Oakland, California, becomes the first-in-the-nation city to directly
place a business tax on local medical marijuana providers.
California is one of 13 states that have legalized medical marijuana,
allowing it to be sold to people with a doctor’s recommendation.
Measure F, as it was known, will create a new business class for the
dispensaries, which […]

Now that Michael Jackson is not on the front pages anymore
(at least for the time being until the toxicology reports are made public)…
It’s time to get back to business basics.
The name of this blog is Business Coaching.
So today it’s back to discussing business of money.
Hip Hip Hurray…
Wall Street pundits have declared “an end to the […]

The economy isn’t contracting as much as it was a few months ago.
Job losses for May fell only by 345,000.
(This was considerably better than the expected loss of 520,000).
And it was much better than in:
… April (-504,000)
… March (-652,000)
… February (-681,000)
… January (-741,000).
According to the National Association of Realtors, the median price
of a single-family home […]