Obama’s 2-year college plan probably not the answer

January 27, 2015, by John Norris

In his State of the Union address, President Obama announced his plan to make a community college education free for all those who maintain a certain grade point average. He would fund this with increased capital gains taxes on the wealthy. While this doesn’t have a chance of passing Congress, is it a good idea economically speaking? ...Read the full article as previously published in the Montgomery Advertiser Sunday Jan 25th... The opinions expressed within...

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Some Common Cents for January 23rd 2015

January 23, 2015, by John Norris

This week, a fair number of people have asked me if I watched the President’s State of the Union address on Tuesday. Given I am prone to bloviate about the economy and the markets, you might think I am interested in politics. However, I unintentionally missed the President’s speech, although I probably wouldn’t have tuned in even if I had remembered to do so. It completely slipped my mind...Read On... The opinions expressed within this...

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Enfranchising more workers would help close income gap

January 22, 2015, by John Norris

A few years ago, I was talking to someone who met just about every definition of stinking rich. He told me: "you know, I am the poorest of my friends." I laughed, he didn't, and that has stuck with me. The reason is simple: wealthy and poor are relative terms, and we focus too much on them...Read the full article as previously published in the Montgomery Advertiser Jan 17th 2015. The opinions expressed within this...

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Bitcoin won’t bring major change

January 12, 2015, by John Norris

A year or so ago, there was a lot of news about Bitcoin and how it was going to take over the world , then nothing. This week, I read a story about how hackers stole 19,000 Bitcoin worth about $5 million out of virtual wallets. Heck, Bitcoin even sponsored a football game this year. What is the real status?...Read the full article as previously published in the Montgomery Advertiser Jan 10th 2015. The opinions...

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Some Common Cents for January 9th 2015

, by John Norris

Yesterday, we met with a new client at a German restaurant in Huntsville. He had been an aerospace engineer during his career, and had developed a taste for German food while working on the Skylab and other projects during the 1960s and 1970s. I suppose this was thanks to the large number of Germans the US government shuttled off to northeast Alabama after World War II to work on the space program. The pickled herring...

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What is your biggest prediction for 2015?

January 7, 2015, by John Norris

I have been making economic and market predictions for the better part of two decades, and it gets more difficult each year. The reason is simple: we have access to so much information in our society, it is almost impossible to decide where to start. In simpler times, folks wanted you to guess at the year-end level on the Dow Industrials, and that was about it. Today, I get questions on a whole host of...

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Some Common Cents for 2015 – Happy New Year!

January 2, 2015, by John Norris

Since it is New Year’s Eve, I have decided to jot down a few predictions for 2015. Please keep in mind, predictions are as good as the money you pay for them. So, since this is technically a free newsletter, take them with good humor and more than a pinch of salt...Read On... The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject...

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