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August 16, 2017
August 6, 2017 marked the one-year anniversary of the now infamous Barron’s article entitled Billionaire Bears in which Barron’s and five well known institutional money managers did their best to scare investors out of their long-term equity holdings. Bill Gross, Stanley Druckenmiller, George...
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July 5, 2017
Despite the perennial naysayers and financial journalists whose job is to create sensationalism when none exists, the second quarter of 2017 witnessed robust returns from common stocks. This was despite strong political headwinds pushing against the President’s most important agenda items –...
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June 6, 2017
Contrary to the claims of the perpetual naysayers the state of the U.S. economy is very healthy. One evidence of this strength is our employment situation. From the depths of the great recession when the unemployment rate hit 10% we are now back to what many economists consider full employment...
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May 3, 2017
I don’t know whether to laugh or become incredulous at the latest creative and very expensive advertising campaign by one of the financial industry giants in their full-frontal assault on a very popular form of investing. By the way, who do you think pays for all that expensive advertising?
Before...
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April 5, 2017
“No one really knows how the game is played, the art of the trade, how the sausage gets made. We just assume that it happens.” - Hamilton an American Musical
It’s been said that if anyone ever watched sausage being made they would never eat it. The first quarter of 2017 went from being the Trump...
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February 28, 2017
Given the market’s run, now 96 months and counting since bottoming in March of 2009, many investors are beginning to wonder if this bull is getting long in the tooth and if it will soon run out of steam. Those investors who patiently waited have been amply rewarded from the pains inflicted during...