My Comments: These data points come from Guggenheim Partners. For some of you this is meaningless nonsense; for others, a quick review is intented to give you a glimpse of what is happening in the world, including the US. To put some of this in perspective, I saw an article this weekend that compared the …
Category: Financial Advice
Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain
My Comments: This is another example of an article that talks about what might happen to our investments in 2015. For many of us advisors, there is an increasingly pervasive odor surrounding the markets. It has nothing to do with the solid economy developing here in the US. The odor, however, is giving me an …
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How Old Was That Shoeshine Boy Again?
My Comments: As we start the new year, and review the annual statements that will soon arrive, most of us are painfully aware that managed portfolios didn’t do very well in 2014. As an advisor, I keep asking myself how I justify charging my clients a fee when the results are consistently poor. More than …
A Tale of Two Markets
My Comments: Yesterday the price of oil dropped below $50 per barrel for the first time in a long time. The stock market dropped. In earlier posts about the price of oil, I suggested there was good news and bad news associated with the drop in the price of gas at the pump. Now that …
Why the Bond Market Could Blow Up Any Day Now…
My Comments: The SKY IS FALLING! Actually, it’s not, but many of the headlines suggest it might be. This was published 3 months ago and as you probably know, the bond market has not yet blown up. Lots of things have changed but the bond market is just as boring today as it was then. …
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What Doctors and Families Have That Advisors Don’t
My Comments: As a financial advisor for the past 40 years, I’ve somehow overcome the perception that people with specialized knowledge can not always be trusted, especially with your money. With so many threats coming at us from every direction these days, some of which are not realistic but promoted by the media as a …
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When The Stock Market Performs Best During A U.S. President’s 4-Year Term
My Comments: Many of us are climbing a wall of worry about our investments over the next 12 months. I’m not worried if your time horizon is ten years or more, but if it’s less, then I believe you have reason to be worried. Every week I’ve posted articles that justify the wall of worry. …
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Impossible Germany
My Comments: I’ve mentioned before how easy it is for us to discount the economic influence of Europe on the world stage. But it’s a mistake to do so. Collectively, the European Union is an economic engine that is just as critical to the economic welfare of the world as we are. If they go …
Three Visual Ways To Educate Clients In A Bull Market
My Comments: Much of the evidence we see these days tells us we are experiencing a bull market. The DOW hit a new all time historic high yesterday, which is dramatic. Some pundits believe this time it's ‘different’ and a downturn is unlikely. I'm not one of them. I’ve been playing this game for almost …
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Economic Collapse Scenario
My Comments: I know, I know, I sound like a broken record. Last Friday I spoke to a gathering of about 100 retired people. And fear of the markets was shared by almost all. For many, uncertainty itself causes fear, but when added to the doubts about how to avoid the inevitable, it becomes palpable. …
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