The Euro Is In Greater Peril Today Than At The Height Of The Crisis

My Comments: Here in the US we tend to think of Europe as a mis-directed older sibling, someone who can’t quite make it, by our standards. We forget that most of our laws and even the language we speak came from Europe. And those foundations were forged in a melting pot as violent and as …

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Europe Must Act Now

My Comments: By now you may be tiring of my posts that say a market crash is coming and yet here we are moving along merrily. But like a broken clock that is correct at least twice every day, I’m confident that a crash will happen before long, and it won't be a slow decline …

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Banquo’s Grain and U.S. Interest Rates

My Comments: I had no idea what or who is/was Banquo. Nor why ‘grain’ has any relevance. But I like to share the thoughts of this writer from time to time as his insights are often right on the mark. Remember what I said last week about the possibility of rising interest rates in the …

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Short-Term Optimism, Longer-Term Caution

My Comments: You by now know that I'm expecting a signficant market correction in the near future. However, when I say that, one has to wonder what I mean by "near". An analogy I sometimes use is a comment by a currency trader I knew years ago. His idea of "near" was in the next …

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Seasonal Factors Ready to Turn Positive

My Comments: This post is about investments and what may happen to your money going forward. My gut told me the downturn in the markets over the last three weeks suggested it was the start of the market correction that all of us expect. You only have to glance at this chart of the S&P500 …

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Why Public Investment Really Is a Free Lunch

My Comments: The author of this article, which appeared in the Financial Times, is no stranger to economists, investors, and politicians. My first reaction, however, was that it tends to endorse Keynesian economics, from a source that up to now has argued that the way to achieve economic recovery and more jobs, is for there …

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Corporate U.S. Healthiest in Decades Under Obama With Lower Debt

My Comments: I admit to a strong bias in favor of the Democrats and the values they deem important. As someone with a good understanding of economics and finance, this article that appeared about ten days ago itemizes several positives that have become clear during the past six years of Obama’s presidency. They are worth …

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Why Income Inequality Is a Drag On Economies

My Comments: I’ve written before that it’s my belief that at some point, if income inequality between the haves and the have nots gets too large, social chaos will follow. The spread or relative level of spendable income between these two groups is continuing to widen. So it becomes just a matter of time until …

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What Should We Expect From Our Stock Investments?

My Comments: Lots of questions about the markets these days. I came across this short summary and thought it relevant. I didn’t understand the chart until after I finished reading, so be warned. I’m in a very cautious mode and have my clients positioned to avoid large losses and perhaps make money as things go …

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3 Reasons Why Stocks Could Mint A Shiny Fourth Quarter For Investors

My Comments: My recent comments have told you about my concerns that there will soon be a major correction, that your investments, unless properly managed, will probably take a hit. On the other hand, there are those who believe strongly that there is much more yet to come on the upside. Frankly, I have no …

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