Economists and businessmen agree with the French economist Thomas Piketty, that inequality today is close to that of the era of Robber Barons.

Black box warning: The latest exchange-traded fund from Renaissance Capital aims to double up its initial public offering focus.

French economy is stalled, with unemployment high, and growth hampered by excessive government intervention and distribution. Too little work is being done thanks to the 35-hour week and the month of annual vacation workers get as a matter of course.

Invest in high quality dividend paying companies that can manage their cash flow and payout ratio and be rewarded with constant dividend increases. A dividend increase is something every dividend growth investor can get excited about.

Where is economic growth going to come from? I think it will spread from the USA and Britain to the European Union in the rest of 2014 going into 2015.

Food for thought for investors. A young MBA student of my acquaintance summer-interning at Morgan Stanley has written about the “Seven Horsemen of the Apocalypse”. Being Jewish, she got the number of horsemen in the Book of Revelations wrong. Officially there are only four horsemen.