Picture a veteran stock broker roaming the halls of a investment advisory firm. His shirt is stained with coffee. From the look of his wrinkled suit it…
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Let’s Talk Yield Curve Inversion
Markets After Major Geopolitical Events
“The world changes. This is the biggest problem in markets.” – Bill Miller, former chairmen of Legg Mason Capital Management T. Rowe Price, founder of the Baltimore-based investment firm that bears his name, wrote an essay in 1937 titled, “Change...
read moreIs the Santa Claus Rally Real?
I know a financial advisor who loves to talk about the Santa Claus rally every December. He has an outstanding mustache year-round (not just in…
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Planning for the Ugly
“Telling people to “ignore the noise” or “think for the long-term” does not help in the moment unless you’ve set realistic expectations ahead of time….
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The Most Dangerous Thing
“All other creatures use their intelligence to survive. We use ours to destroy ourselves.” – Marty Rubin, Author We worry about stock market bubbles, rising bond yields,…
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No Hunt for Red October
In the 1990 war thriller “The Hunt for Red October” Sean Connery plays the role of Marko Ramius, a Soviet Union submarine captain who plans to defect. …
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Being Told to “Stay the Course”
“Volatility in the up direction is not a problem, it’s only downward volatility that offers discourse.” – Coreen T. Sol, Financial Author. Buy and hold…
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Back to Back Negative Return Years for Bonds
“Bonds as an asset class will always be needed, and not just by insurance companies and pension funds, but by aging boomers.” – Bill Gross,…
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Stock Returns in Midterm Election Years
“The real players in the global economy are consumers and producers (business). Politicians and regulators are similar to referees, which can influence short term ebbs and flows, but…
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The Best Question You Could Ask
“People ask me my forecast for the economy when they should be asking me what I have in my portfolio. Don’t make pronouncements on what…
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