Will the U.S. Dollar be up for 2016?

Given expectations that the euro will depreciate against the dollar as the Federal Reserve lifts interest rates for the first time in nearly 10 years and the European Central Bank extends its economic stimulus, Credit Suisse recommends buying the U.S. dollar (UUP). …

Markets drop on Monday

Chinese policy makers, who took unprecedented measures to prop up stocks during a summer crash, are stepping in once again to combat a rout that erased $590 billion of value in the worst-ever start to a year for the nation’s equity market. …

I forgot to let everyone know that my wife and I went to Palm Springs California this week, hence no posts.  Here are some photos from Joshua Tree.  

2015 Financial Secrecy Index

Here’s a table of the top 50 jurisdictions in this year’s rankings with Switzerland (once again) topping the list. Like clockwork, the Swiss come in first thanks to its tough bank secrecy laws and push to build “market share in some of …