My Comments: You have read my posts before where I talk about income inequality (the HAVES vs. the HAVE NOTS) and how if left unchecked, could result in social chaos in this country. Probably not in my lifetime, but definitely affecting the lives of my grandchildren. It’s an issue that demands discussion among ourselves and …
Continue reading The Typical Household, Now Worth a Third Less
My Comments: When I talk with prospective clients and those already clients, I talk about existential risk. These are risks that may or may not happen, depending on any number of variables. One of them is inflation since it reduces the purchasing power of your dollars over time. Another existential risk is the financial burden …
My Comments: On Thursday, July 30 the market dropped 300 points. The blogosphere and media were all a chatter about "was this the start of the correction?". Who knows ?!? It illustrates why those of us who profess to be financial advisors are more in the dark than you are. Here we are talking about …
Continue reading Increased Consumer Spending Driving Strong Economic Growth In USA
My original idea was to post these every week or so. (That didn't work out too well! ) Many people like to make their own investment decisions and this recap is a great way to gain insight into what is going on globally. This weekly broadcast from J. P. Morgan will give you some insights …
Continue reading J.P. Morgan Weekly Market Recap – July 21, 2014
My Comments: Yes, It's Monday but please, don’t be turned off by the topic. I know economics is often a complicated and boring exercise, but what follows is not only compelling, but written so that most anyone will understand it. This is quite different from what you hear on television and from political pundits that …
My Comments: Not too many years ago, the idea of stability in the markets was divine. Now, not so much. That’s partly because with new technology and tactical opportunities from Guggenheim Partners, volatility increases your chance to outperform and watch your accounts grow. Of course, it also increases your chance to lose money if you …
My Comments: No, we are not doomed. But I can’t recall this much rain every day, some of it at night, when there wasn’t a hurricane. I’m sure it happened, but I don’t remember. Does it have an effect on the economy? Experts agree last winters’ storms had an effect. So it’s worth paying attention …
Continue reading World Weather Gone Haywire – Effects On… CRB Index and The Economy
My Comments: More than once a week, I have conversations with a client, or prospect or someone I run into, who are gloomy to the point of absurd. There is a pervasive expectation that life will be miserable going forward. I suppose it’s a natural phenomenon, but I don’t share it. That it will be …
Continue reading US Economy: Misaligned Policies to Blame, Not Structural Flaws
My Comments: So, just how much is $100 Trillion? Can you say "A lot!"? What’s equally mind boggling to me is that in 1967 ( or maybe it was 1966?) I built a house for myself and my wife. In those days I acted as my own general contractor. Back then, I could also dig …
Continue reading Powered by the U.S., Global Assets Forecast to Hit $100 Trillion
My Comments: Professionally, I live in the world of finance and investments. Regulation is pervasive, most likely increasing, since there is a pervasive threat of abuse by the big players. I think it would help all of us to have a level playing field, including individuals, corporate America, and society as a whole. I cannot …
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