My comments: For many of my clients, the recent quarterly statements from their custodian was disturbing. The numbers suggested and does suggest that their investments are at risk and some are asking whether we’re looking at another major financial crisis. None of this is new to me; I've been down this road several times before …
Category: Investing Money
Worst July For Munis Since 2003 Seen Paving Way For Rebound
My Comments: See, it's still possible to find some good news! August 1, 2013 • Bloomberg News The municipal market’s biggest July decline in a decade is leading investors such as Vanguard Group Inc. to bet history is on their side as they buy with yields close to a two-year high. Tax-exempt debt fell about …
Continue reading Worst July For Munis Since 2003 Seen Paving Way For Rebound
J.P. Morgan Weekly Market Recap – July 31, 2013
Volatility in virtually all markets have meant clients are upset and uncertain. Here is a take away from this weeks J.P.Morgan report that I think is important: "...expect growth to accelerate into the second half of the year, a realistic expectation given the easing of fiscal drag, the continued rebound in household wealth and the …
Continue reading J.P. Morgan Weekly Market Recap – July 31, 2013
Bernanke Signals Flexibility on Tapering
My Comments: A few weeks ago, the Federal Reserve Board met and then Ben Bernanke made some comments to the effect that what is knows as Quantitative Easing, or QE, was about to end. The markets went nuts, the day to day volatility in the markets was off the charts, and investors were not happy …
Bob Doll Judges His Top 10 Predictions for 2013
My Comments: I met Bob Doll some twenty years ago when he was a regional VP for Oppenheimer Funds. At least that’s what my memory tells me about him. Today, he is one of the most influential money management gurus on the planet. His thinking is more often than not, spot on. By Joyce Hanson, …
Continue reading Bob Doll Judges His Top 10 Predictions for 2013
J.P. Morgan Weekly Market Recap – July 9, 2013
My original idea was to post these every week or so. 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 as to what is going on right …
Continue reading J.P. Morgan Weekly Market Recap – July 9, 2013
The Caffeine Buzz of Hot-desking in a Coffee Shop
My Comments: Six months ago, I “loaned” $50 to Starbucks. In exchange, I got a plastic card that I can use to buy coffee and/or other assorted goodies whenever I frequent any Starbucks shop on the planet. I now realize they’ve had the use of my money for months now and have given me nothing …
Continue reading The Caffeine Buzz of Hot-desking in a Coffee Shop
Barry Ritholtz Names Three Major Market Threats
My Comments: Whatever game of life you are playing, you tend to be more successful if you can identify threats in advance and make choices to reduce or eliminate the damage when they appear. Of course, just being aware of them tends to suggest they never materialize. Just like taking your umbrella with you to …
Continue reading Barry Ritholtz Names Three Major Market Threats
J.P. Morgan Weekly Market Recap – June 18, 2013
my original idea was to post these every week or so. 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 as to what is going on right …
Continue reading J.P. Morgan Weekly Market Recap – June 18, 2013
Microsoft Has Just Blown its Oldest Trick
My Comments: Why, you may be asking, is Tony Kendzior devoting a blog post to Windows 8. One reason is that Microsoft is a major player in the computer industry and if you are an investor, then knowing what is happening in the computer industry may help you make better decsions about investments. Another reason …
Helping Define Your Financial Future 