10 Mar 2018

Income Inequality Getting More Scrutiny

Prompted by a slight uptick in wage growth last month and the resulting volatility it caused in the equity markets, the continuing tug-of-war between containing inflation and wage growth Fed and political  policies is getting more attention, but little action. The good news is that there are more articles on

Chuck Epstein 0
05 Mar 2018

The Power Battle Over the Control of Pension Assets Hits the Tipping Point

It’s no secret to more astute investors and political progressives that the decades-long battle to eliminate pensions and replace them with 401(k) is all about who takes the most amount of financial risk and has the most power to influence decisions made by investment firms and corporations.  When a state

Chuck Epstein 0
22 Feb 2018

Why the NRA Chief Mentioned Saul Alinsky

In his remarks at the Conservative Political Action Conference, National Rifle Association (NRA) chief executive Wayne LaPierre, railed against any imaginary effort to roll back the Second Amendment and gun control ownership as the “new socialist wave in America.”  He then warned how if Democrats gained more elected seats in

Chuck Epstein 0
03 Dec 2016

If You Hate Financial Regulations, You’ll Love This

One of the core conservative beliefs of the Republican Party is to loosen or remove regulations, but a new proposed law by a conservative Senator raises the ante on eliminating regulations by forcing them to receive Congressional approval. This should make financial industry lobbyists salivate at the proposed law since

Chuck Epstein 0
01 Oct 2016

Time for Equity Analysts, States and Individuals to Re-Think Their Wells Fargo Recommendations

Wells Fargo (WFG), the nation’s third largest bank, which generates over $5 billion in earnings per quarter, could soon be charged with securities fraud as a result of its scheme to surreptitiously open new accounts for unsuspecting customers. While news reports say the fraud was widespread and was known to

Chuck Epstein 0
22 Sep 2016

Wells Fargo: Buy, Sell or Nationalize?

Pity the poor equity analysts. When faced with making their final formalized, profound analyst recommendations after extensive number crunching and model analysis, the analysts only can make three conclusions: buy, sell or hold.  Of course, this can be modified by a “strong” or “weak” recommendation, but maybe there are more

Chuck Epstein 0
06 Apr 2016

Should the Retirement Industry Accept Some Blame for the Retirement Crisis?

Social responsibility has been a buzzword in corporate America for decades, but nowhere has it been more conspicuously vacant than in the recent stories about the pending retirement crisis that is currently facing millions of Americans. At issue is whether the retirement industry, comprised of investment, mutual fund and insurance

Chuck Epstein 0
09 Feb 2016

Sanders’ Claim That The “The business model of Wall Street is fraud” Goes Unchallenged by Wall Street

“The business model of Wall Street is fraud.” or, to put it another way, “The business model of Wall Street is conflict-of-interests.” By far, the most pointed statement made so far in the 2016 presidential campaign (at least, as far as the financial services industry is concerned) has been the single

Chuck Epstein 0
30 Dec 2015

Hedge Funds Push Conservative Candidates to Maintain Their Edge

When you are a master of the universe, you have to make sure your place on earth is secure. That’s why the nation’s largest hedge funds have been pushing the odds, gaming the system, working to get the edge and hedging their bets to get the most bang for their

Chuck Epstein 0
05 Nov 2015

The Investment Company Institute Again Betrays Individual Investors

The leading trade association of the $16 trillion in assets (as of year-end 2014) mutual fund industry has again shown its distain for individual mutual fund shareholders. In a recent letter to Congressional committee, the president of the Investment Company Institute (ICI), the mutual fund industry’s leading lobbying group, went

Chuck Epstein 0