Bob Doll’s 10 Predictions for 2020

My Comments: Memory tells me I met Bob Doll a few times some 25 years ago. I think he was affiliated with Oppenheimer Funds, one of the mutual fund companies that I favored. I remember him as interesting, informative, and rational. His 2019 predictions were mostly right, getting 8 out of ten correctly. He says …

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Markets believe two things very strongly right now

My Comments: Most of us with money invested somewhere are uncertain about market performance going forward. This is because there is a new global threat in the works between the US and Iran. In the background and unrelated to this threat, is the fact that it’s been more than a decade since the last major …

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Too Many Investment Choices

My Comments: There are times when too much information simply turns our brains into mush. So it is for some people when thinking about retirement. There’s so much going on that it becomes noise, people stop paying attention, and when retirement arrives, they find themselves grossly unprepared. There’s a parallel described here by Erik Conley …

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Investing returns are likely to be much lower in the years ahead. What to do.

My Comments: Investors continue to enjoy a positive market environment, assuming they’ve invested in the markets and not sat on the sidelines, waiting for the inevitable crash. I’m guilty of some of that decision making. However, for the past few years I’ve also been sensitive to another existential risk faced by those planning for retirement …

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World Economy is Sleepwalking Into a New Financial Crisis.

My Comments: Roughly 30 years ago we were in a recovery phase following the great market crash in 1987. The next decade saw the run up to 2000, which saw massive amounts of money spent on computers and technology. By the turn of the millennium, we had the dot.com bubble, where all that money spent …

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Major US Insurer Says It Will No Longer Underwrite and Invest in Coal

My Comments: This is not intended as a dig at Trump, except to the extent he made pre-election promises that were not economically viable. Bringing back the coal industry to help Make America Great Again was never a rational objective in 2016. As I read this article, my mind went back to my days in …

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World Trade Is Not A Zero-Sum Game

My Comments: I’ve long since concluded that many economic decisions and trade policies espoused and implemented by the current administration are foolish at best and potentially disastrous. I have no idea who they are supposed to benefit. I minored in economics in college and have been professionally involved in the money business most of my …

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