My Comments: It’s again a question of WHEN and not IF. Despite the fact that most clients understand intellectually that markets go up and down, whenever there is a drawdown, emotion tends to overwhelm intellect. And it happens to me too. For the past few months the markets have trended down. All the while, volatility, …
Category: Investment Planning
Brazil Heads Closer To Total Collapse
My Comments: Many are waiting for the penny to drop indicating a new global recession and collapse of the stock markets. Is this it? Oct. 19, 2015 by Ian Bezek Summary Brazil's economic "Superman" may have resigned Friday, according to conflicting media reports. Brazilian shares and currency fell sharply after Friday's market close. His departure …
Big Oil Is Changing It’s Mind
My Comments: For me, economics is a fascinating subject. For you, probably not so much. Environmentalists are cheering the announcement by Shell they are abandoning their efforts to drill for oil in the Arctic waters for which they own the rights. Some will attribute this to media pressure about the likely environmental costs, but I …
A Global Recession Underway?
My Comments: The ability to accurately predict the future is something I cannot do; if I could, you wouldn’t be reading this blog post. On the other hand, I’m OK with saying an economic downturn is very likely already under way. The writer below suggests it will bottom out sometime in 2017. So, do we …
A Painful but Healthy Adjustment
My Comments: Reassuring comments here from a trusted thinker on the markets. No guarantees but if you have at least a 5 year time horizon, we will be OK. Just don’t get caught up in the media rhetoric and the pointing of fingers. Almost all of it is stupid, ill informed, and self-serving. Life happens, …
US-Iran Treaty Can Send Oil to $40
My Comments: I’ve already said that I much prefer a negotiated deal between adversaries than continued threats to bomb the crap out of them. In todays economic and political environment, that option poses too many risks that I’m unprepared to accept. Here’s some economic thoughts about what might happen, now the deal is in place. …
Here’s What the Next Recession Could Look Like
My Comments: There is no doubt that both politicians and financial people generate success by evoking fear in those to whom they are talking. Sometimes it’s legitimate, but much of the time its BS designed to persuade you to part with your vote and/or your money. What follows here is consistent with my belief that …
Continue reading Here’s What the Next Recession Could Look Like
A Groundwater Crisis?
My Comments: Jeb Bush may call me intellectually arrogant, and others will think I’m a kook. However, I think anyone hoping to join the elite fraternity of global thought leaders needs to take this very seriously. Imagine the California drought on a global scale. Most of us have little ability to change and survive if …
Bond Crash Across the World As Deflation Trade Goes Horribly Wrong
My Comments: You can call me an alarmist if you like, I really don’t care. We are long overdue for a market correction, from both a stock value perspective and interest rate perspective. If you don’t believe it’s coming, I have some nice real estate just east of Daytona Beach I can sell you for …
Continue reading Bond Crash Across the World As Deflation Trade Goes Horribly Wrong
The Left Is So Wrong On Trade
My Comments: When I first heard about the TPP (Trans-Pacific Partnership) and understood the broad outlines of the idea, I had no problem with it. Then along came Robert Reich, someone whose intellect I respect, saying it was terrible and should be scuttled. So I started looking a little closer, mindful I didn’t have access …
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