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Bud Stevenson

Yellen comment spawns stock market ripples

I was told many years ago, before I became a stockbroker, that you can get your best ideas from events in the real world, wherever that is. If that’s the case, I’m going to break my rule about not giving advice in this column. Here’s my tip: Buy the airline stocks. So what piece of […]

Huckabee’s scientific beliefs hard to fathom in 2015

You might be wondering how a discovery in Kenya of stone tools believed to be 3.3 million years old could possibly have any bearing on this year’s presidential election. Then again, you might think that’s the most ridiculous thing I’ve ever written in this column, but, let me explain. The discovery, announced this week, said […]

May 22, 2015 | Posted in Local opinion columnists | Tagged | 4 Replies

Hybrid vehicle ‘fruits’ wither on vine

It was to be The Next Big Thing, at least in the world of transportation. If all-electric vehicles were not ready for prime time, certainly hybrid cars and light trucks would have their day in the sun. Wait – the day in the sun would be solar-powered cars, which are still in automotive fantasy land […]

‘Mistakes’ not always mistakes

The word “mistake” has been used and abused since at least the Nixon Administration. In politics, “mistake” means, not something that happens by accident or, perhaps, a lack of familiarity with the subject or situation, but rather something unethical that you did deliberately. I’m talking about the former Clinton Administration aide, now ABC anchor, pretty […]

Enlisted by Mom to monitor stocks

Let me start my Mother’s Day column with an unrelated anecdote. If you haven’t seen the story, it’s a living verification of the expression “No good deed goes unpunished.” Tammy Lemaster, a 42-year-old Floridian, went to her DMV to renew her driver’s license and in the process she wanted “Organ Donor” to be indicated on the […]

Clinton on the attack over religious beliefs

Maybe I should talk about the most important news since, well, maybe Charles Lindbergh’s crossing of the Atlantic in his Spirit of Saint Louis, or President Abraham Lincoln’s signing of the Emancipation Proclamation. Actually, this story is, in fact, getting enough coverage to become exclusively, in many cases, “The Big Story” of the day. You all know what […]

Pros have tough time with financial news

I’ve always believed that many journalists reporting financial news are unclear on the concept, as we used to say. And, lo and behold, a wonderful example popped out at me Friday as I scanned the market news. In a report in the Fiscal Times, the writer, Suzanne McGee, was discussing the allegedly unfair imbalance between […]

Clinton makes politics interesting

In case you were wondering, the guy with the slick-backed hairdo walking with Stephanie Rawlings-Blake, Baltimore’s mayor, was none other than the “Reverend” Al Sharpton. Until I saw the two of them together, I actually had a touch of sympathy for Rawlings-Blake, who has a tough job on her hands. She wants torched and looted businesses to […]

Be wary of next ‘big’ thing

There have been far too many articles and opinion pieces written about the downside of the Internet, so I won’t make that today’s theme. I don’t surf for extraneous items, except for one I couldn’t resist opening. If you haven’t seen it, or even tried it out, here’s the description from Yahoo Finance: “The Internet is freaking […]

Best to keep Clinton in spotlight

Before I launch into my main topic, I have to ask readers what they think of this article headline that my wife Clare sent me: “Head transplant: Man’s head will be attached to new body in under an hour . . . doctor says.” I guess I should ask the editor which picture he would […]

April 24, 2015 | Posted in Local opinion columnists | Tagged ,

2 nations at center of market drop

The market fell almost 300 points Friday, accompanied, as usual, by “reasons” for the selloff. The reasons may be perfectly valid; I can’t say. Let’s look at the two main reasons for the swoon: They’re centered on Greece, a country whose finances are so shaky it may be forced out of the eurozone; and China. […]

April 19, 2015 | Posted in Business-local | Tagged ,

Book offers quotes worth repeating

When I first heard the story, I wondered, what’s a chiropractor doing landing on the front lawn of the U.S. Capitol? Whoops – because of my aged hearing, it took me a moment to realize it was a gyro-copter, a flying nuisance of some kind. Now, having started off with that alleged story, allow me […]

April 17, 2015 | Posted in Local opinion columnists | Tagged ,

Policy seeks to maintain fine economic balance

I want to tell you how devoted I am to sharing my analysis of current trends in the economy and on Wall Street. There was an item on Yahoo Finance that said the president of the Richmond Federal Reserve, Jeffrey Lacker, was calling for a rate increase sooner rather than later. But just incidentally, there […]

April 12, 2015 | Posted in Business-local | Tagged ,

Schieffer news brings US Senate testimony to mind

With your forebearance, I’d like to relate a memory of mine in honor of Bob Schieffer of CBS News. Schieffer is retiring from the broadcast business after 47 years in front of the camera. Before he was a news anchor, for many years on “Face the Nation,” he was a correspondent for CBS. I think […]

April 10, 2015 | Posted in Local opinion columnists | Tagged ,

Fed policy often seems akin to a wing and a prayer

As George Foreman claims in his InventHelp commercials, “People ask me all the time . . .” Yeah, sure they do. Why, just the other day, when I ran into George at Raley’s, I asked him how to get my gadget to market that guarantees all your stock picks will go up sharply. Actually, people do […]

April 05, 2015 | Posted in Business-local | Tagged ,

Each grammar, usage error matters

I admit it, I’m a word usage and grammar hawk. If I don’t see, read or hear four or five glaring errors every day, I can’t get to sleep at night. The problem is, I can’t do anything about those mistakes. Not that I ever make any of them myself. Today’s topic arose in my […]

April 03, 2015 | Posted in Local opinion columnists | Tagged ,

Hike in minimum wage cuts deep into businesses

With so much somber news around, I thought I’d start with an old vaudeville joke, courtesy of Jonah Goldberg: A guy goes to the doctor with a banged-up elbow, and asks, “Doc, will I be able to play the violin?” The doctor responds, “Of course.” The guy responds, “Funny, I couldn’t play the violin before.” […]

March 29, 2015 | Posted in Business-local | Tagged ,

Blast in New York raises question of safety

There’s a lot to talk about today, but if you don’t mind, I’ll relate a personal story. As I was watching the news Thursday, there was suddenly an interruption to report an enormous explosion in New York’s Greenwich Village. It was an apartment building with retail shops on the ground floor. At least a dozen people were […]

March 27, 2015 | Posted in Local opinion columnists | Tagged ,

These students’ ‘demands’ go too far

    This is the kind of headline I look for in the Chronicle: “UC Berkeley black students demand changes in ‘hostile’ climate.” The story goes on to say that the student group “demands” agreement from Cal’s chancellor, Nick Dirks, by 5 p.m. Tuesday, and if not met it will indicate that the “dire needs of […]

March 20, 2015 | Posted in Local opinion columnists | Tagged ,

Predictions of doom have not come to pass

If you’re even a casual reader of the financial news, you might recall the consensus from the “experts” a few years ago as they forecast the prices of oil, gold and the U.S. dollar – and while we’re at it, the stock market. These are my estimates, and I could be off by a few percentage points. Starting […]

March 15, 2015 | Posted in Business-local | Tagged ,

Time for media to issue apologies over Ferguson coverage

Anyone remember President Barack Obama’s speech in September to the General Assembly of the United Nations? Essentially, he said we have our problems, too, and then he used the shooting of Michael Brown in Ferguson, Missouri, as a prime example of what we should be ashamed of. You see, the country is beset with racism, […]

March 13, 2015 | Posted in Local opinion columnists | Tagged ,

Fast fingers make 55,000 emails seem somewhat possible

I learned to type in junior high school about 55 years ago. I learned typing again in Army Intelligence school at Ft. Holabird in Baltimore, Maryland. That would have been 1966. When I was in Vietnam, I had what was essentially an office job. Not only did I do a lot of typing by virtue […]

March 08, 2015 | Posted in Local opinion columnists | Tagged ,

Emails issue latest in string of questionable Clinton actions

Many of you probably remember the famous line uttered by Jackie Gleason, in “The Honeymooners,” and a couple of his films. Of course, it was, “How sweet it is!” Gleason is also famous for another phrase he used with his fist in front of him. If you don’t mind, I’ll change the name to protect […]

March 06, 2015 | Posted in Local opinion columnists | Tagged ,

NY, SF town house prices through the roof

Let’s suppose you’re retired, you’ve accumulated a few extra dollars trading penny stocks (yeah, sure) and you love Broadway shows, Fifth Avenue shopping – that would be Cartier, Gucci, Saks Fifth Avenue – and you want to live in New York. By “New York,” I mean Manhattan. The other four boroughs are referred to by […]

March 01, 2015 | Posted in Business-local | Tagged ,

Who’s in charge?

Before I get to something serious and depressing, I’d like to share with you a Merriam-Webster’s “Word of the Day.” Captious: 1) Marked by an often ill-natured inclination to stress faults and raise objections, and 2) Calculated to confuse, entrap, or entangle in argument . . .” I mention this word because my wife Clare thinks […]

February 27, 2015 | Posted in Local opinion columnists | Tagged ,

Pauls offer different financial rhetoric

Stocks hit record high, with Dow closing above 18,000. And, ahem, gold and silver are down. Apparently, investors are not following the advice of former Rep. Ron Paul, father of likely presidential candidate Sen. Rand Paul. Just when I thought I wouldn’t be writing about gold, Ron Paul hits the headlines with comments like this: […]

February 22, 2015 | Posted in Business-local | Tagged ,

Are we safer now than half-decade ago?

Let me start with a quote: “The claim that Islam is a religion of peace is a nicety invented by Western politicians – (I’m afraid Bush the Younger) – so as either not to offend their Muslim populations or simply lie to themselves that everything might yet turn out fine.” Worse than simply avoiding offensive […]

February 20, 2015 | Posted in Local opinion columnists | Tagged ,

Precious metals not always so precious

Perhaps I do have the investment writers’ equivalent of obsessive-compulsive disorder. It’s really not my fault, though; it’s because they still soak the airwaves and newspapers with their outrageous claims. Yes, here I go again, talking about the gold hucksters. Try this “observation” from an ad, in which they quote some precious metals pinhead telling […]

February 15, 2015 | Posted in Business-local | Tagged ,

Hard not to take president’s remarks personally

I’ve always remembered advice from a former editor of the Daily Republic: not to use “we” when you’re talking about yourself, and don’t say, “as I said last week,” making the assumption that those who are reading your column today always read it. Other advice over the years cautioned me not to talk about the same person […]

February 13, 2015 | Posted in Local opinion columnists | Tagged ,

Time testifies to how inventive spirit marches on

Friday’s big announcement from Silicon Valley was that Mark Zuckerberg, the founder of Facebook, and his wife Dr. Priscilla Chan were donating $75 million to San Francisco General Hospital. The gift is much-needed and much-appreciated. It’s the largest single gift San Francisco General has ever received from private citizens and it represents a sense of civic responsibility […]

February 08, 2015 | Posted in Business-local | Tagged ,
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