My Comments: Many of you have seen, or soon will when you get your January statements, that 2014 has so far been a bad year for the stock market. This is an article that suggests there is a pattern. I’m not convinced that what he says is not a coincidence, but then again, what happened …
Continue reading The 7-Year Cycle That Will Crush Uninformed Investors, Again
My Comments: I am both blessed and cursed for almost always believing the glass is half full rather than half empty. Right now, my bias is to say that another correction like we had in 2008-09 is NOT going to happen again during my lifetime. But that’s not to say the business cycle of ups …
Continue reading Correction Fears Are Overblown: Buy The Dip
My Comments: With 2013 now in the rear view mirror, the compelling question is what is likely to happen in 2014. Every projection, mine, yours, experts of every stripe, have only the past available to offer insights for predicting the future. Here is someone who has created tables based on five and ten year results …
Continue reading The 88-Year History Of U.S. Capital Markets From 1926-2013: What Happened When?
My Comments: I often tell my clients that if I did have a crystal ball, we’d not be having this conversation as I would probably be vacationing in the south of France. Or somewhere warm. So going into 2014, there are lots of the usual questions including the memorable one in the media these days, …
Continue reading The Danger Overlooked By Most Long-Term Investors
My Thoughts: If this were my original work, the ttle would more likely be “My Best Guess for the Markets in 2014.” The emphasis is on guess and it only exists because as a so called expert, I’m supposed to know. Only I don’t. I think I know what I’m having for supper tonight because …
Continue reading Forecasting the Year Ahead, and Preparing to Be Wrong
My Comments: In part this is a follow up to the posts about the US-Iran deal recently completed. What is often not seen or talked about is our increasing lack of dependance on Middle East oil. That dependency has been the reason for our friendship with Saudi Arabia. This despite where most of the 9/11 …
My Thoughts: I can see! Sort of! But I have to wait a couple of weeks to get my new glasses. In the meantime, Happy Thanksgiving to all, and here is a idea that some of my clients have asked me about. Personally, I like to effect a rebalance every 12 months. by: BLOOMBERG NEWS …
Continue reading The Worst Investment Advice I’ve Heard All Week: Barry Ritholtz
My Thoughts: My favorite all time writer in the world of finance, Nick Murray, brings another fine thought to the table. Being optimistic seems so much more reasonable than getting bogged down, week after week, month after month, in woe and gloom. Being positive seems so much more productive. And it reinforces the notion I’ve …
DOW AND S&P 500 AT RECORD HIGHS - The Dow Jones industrial average jumped more than 100 points on Tuesday, to finish at a record closing high. The S&P 500 ended Tuesday at a record high for the third straight day. The S&P 500 has risen 6.4% since October 8, when it hit its lowest …
My Comments: I recently shared a link with a lot of friends and colleagues about a bubble that might or might not happen. It was called “The Bubble No One Is Talking About.” Bubbles are known to pop. And when its an investment bubble, it has the potential to make life hard for most of …
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