Ah, to be back in South America.  Long-time Trading Deck readers might recall that I spend a fair bit of time in Peru (see “Going Long Two Beaten Down Euro Stocks”).  When you marry a Peruvian, you don’t really have a choice. Not that I’m complaining.  I can say in all seriousness that I’ve never...Read More

With outstanding U.S. debt fast approaching 100% of GDP and budget deficits continuing to yawn stubbornly wide, the next president and congress will have some unpleasant decisions to make.  Spending will have to be cut.  But from where? Social Security and Medicare will come under debate, as will most discretionary spending.  But the elephant in...Read More