My Comments: Interest rates change. For the past 35 years, they’ve been on a downward trend, matched only by the down trend from 1861 to 1898. It’s a given that the Fed is going to start moving them up, probably in September. A stream of positive data supports a September rate hike, but summer storms …
Tag: adviser
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
Flawed Math on Student Loans
My Comments: The staggering level of student loan debt has the potential to sink the economic future of this country. Young families with the debt hanging over them will be less likely to buy a house, to buy a new car, to spend money on consumption items, all of which means economic stagnation. Income earned …
A Dishonest History of the Last War
My Comments: I'm already very tired of this story. But given we are near the start of the next presidential election cycle, it’s not going away. Too bad. Articles like this one serve to improve my bulls@@t meter as I’m assailed by the media and bombasts trying to persuade me they are the ONLY ONES …
Republicans Dismiss Latino Concerns At Their Peril
My Comments: I’ve talked before about immigration issues. As an immigrant myself, I’m perhaps more sensitive to these issues, even though I arrived as a child from Europe. My father was looking for a better way to provide for his family and since he had lived here as a child and had a degree from …
Continue reading Republicans Dismiss Latino Concerns At Their Peril
US Should Not Negotiate Free Trade Behind Closed Doors
My Comments: Recently I was reminded that I appear to have strong opinions. This is usually accompanied by a rolling of the eyes, and to which I now hang my head, but without shame. On this topic, I’ve not had an opinion worth talking about until now. I hate it when people bitch and moan …
Continue reading US Should Not Negotiate Free Trade Behind Closed Doors
Exposing The Dark Side of Personal Finance
My Comments: In keeping with the prevailing assumption that anything you see on TV or read on the internet is gospel, financial planners are constantly trying to undo the “lessons” taught by certain celebreties who are more interested in selling books than they are in providing good information. Whenever I’ve attended regional meetings with hundreds …
Which Asset Allocation Mix Outperforms?
My Comments: Here are two charts, associated with the authors comments, that show very clearly that good financial planning for retirement is as much a matter of luck as it is skill. The first chart has numbers that reflect 45 years, which seems like a long time, until you remember that so many of us …
America Could Have Been One Giant Sweden — Instead It Looks a Lot Like the Soviet Union
My Comments: This is a long, uncomfortable article that predicts how the world might evolve economically and politically over the next several decades. My generation will have passed on soon, but regardless of your political stripes today, it will be different. If you want to take back America, or at least preserve what we have, …
Helping Define Your Financial Future 