My Comments: We’ve talked extensively about the likelihood of a market correction, if not a crash, coming in the near future, maybe this year. What many have not talked about are the implications of a rise in interest rates. This is going to happen, given that they’ve been on a downward trend for twenty plus …
Category: Investing Money
When Underperforming the S&P 500 Is a Good Thing
My Comments: I’ve spent time recently with clients talking about our mutual frustration with the performance of their investment portfolios over the past 18 months. They want their accounts to grow aggressively and I want them to grow aggressively, if for no other reason than it makes me look smart. We can argue that the …
Continue reading When Underperforming the S&P 500 Is a Good Thing
7 Quick Points On Europe
My Comments: My purpose with this post is to confuse you. Yes, that’s right, to confuse you. That’s because even though I claim to be a financial professional of almost 40 years duration, I’m confused. And I don’t want to feel alone. This came across my inbox inside a newsfeed I look at daily which …
Good Company, Bad Stock
My Comments: This post is to remind you that stock market performance and the state of the economy do not follow the same track. From time to time there are close parallels, but they dance to a different drummer. My arguments that the stock market is due for a crash are unrelated to the state …
Germany Is Delusional To The Point Of Insanity
My Comments: Assertive headlines such as what you see here are usually outside my comfort zone. For one it implies a pathology that I’m not trained to comment on and two, Europe and European values are different from mine, given that I’ve lived here in the US for the past 65 years. (Warning: this post …
Continue reading Germany Is Delusional To The Point Of Insanity
Supply Shock and Awe
My Comments: The driving economic story these days is about the price of oil. That the sudden and dramatic drop will have global repercussions is a given. The challenge for financial planners is how to help clients take advantage of these repercussions. Right now, having a few hundred extra bucks to spend on something else …
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. …
Continue reading Why the Bond Market Could Blow Up Any Day Now…
The Wall Of Worry, Illustrated
My Comments: Readers of this blog post over the past six months have noted my concerns about a coming market crash and what it might do to your ‘nest egg’. Perhaps you remember my comments about a wall of worry, a phrase that gained traction in past years as the market climbed and climbed and …
Fear Lower Oil (prices)
My Comments: Frankly, I enjoy paying less to fill up the car with gas. There is more cash left in my wallet for me to deal with other things I need to buy. At the macroeconomic level, it will help retailers have a stronger holiday shopping season. That will help the economy. But like most …
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 …
Continue reading Three Visual Ways To Educate Clients In A Bull Market
Helping Define Your Financial Future 