My Comments: These data points come from Guggenheim Partners. For some of you this is meaningless nonsense; for others, a quick review is intented to give you a glimpse of what is happening in the world, including the US. To put some of this in perspective, I saw an article this weekend that compared the …
Tag: adviser
Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain
My Comments: This is another example of an article that talks about what might happen to our investments in 2015. For many of us advisors, there is an increasingly pervasive odor surrounding the markets. It has nothing to do with the solid economy developing here in the US. The odor, however, is giving me an …
Continue reading Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain
Current Oil Price Decline May Set Stage For Price Spike And Global Recession
My Comments: There are relatively high taxes on the sale of gasoline at the pump where I live. In spite of this, we are almost at the $2.00 per gallon level. As I’ve mentioned before, this is both a good thing and a potentially bad thing. The bad is that money invested to bring us …
Continue reading Current Oil Price Decline May Set Stage For Price Spike And Global Recession
2015 PPACA Compliance Checklist
My Comments: It’s hard to believe the PPACA has been around for so long. And in spite of the new Congress making lots of noises about making it go away, it’s not going to go away. Will it change? Most definitely. Are changes necessary? Most definitely. But the overall intent to bring millions of Americans …
Student Debt Poised To Crimp U.S. Economy
My Comments: I received my undergraduate degree in 1963, which was a long time ago. I had a part time job and my parents covered the rest. Selfishly, I never even thought about any sacrifice they might have been making. It was never an issue. Since then, I’ve spent most of my adult life in …
The Joy of Being Older…
My Comments: It’s a cold, gray day here in Gainesville, Florida. The rest of the country, except perhaps the West coast, is suffering too but at least we have no snow. Maybe I can add a little levity to what has so far been a frantic week. BTW that's me on January 1, 1942. 1. …
How Old Was That Shoeshine Boy Again?
My Comments: As we start the new year, and review the annual statements that will soon arrive, most of us are painfully aware that managed portfolios didn’t do very well in 2014. As an advisor, I keep asking myself how I justify charging my clients a fee when the results are consistently poor. More than …
House Price Rises Give Birth to Generational Inequality
My Comments: I’ve spoken before about how uncomfortable I get with the increasing divide between the haves and the have nots. That it is real is evidenced by a TV show that features this very idea. What I had not thought about before this was another disturbance in the force between generations. In my generation, …
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A Tale of Two Markets
My Comments: Yesterday the price of oil dropped below $50 per barrel for the first time in a long time. The stock market dropped. In earlier posts about the price of oil, I suggested there was good news and bad news associated with the drop in the price of gas at the pump. Now that …
Healthy Customers Equal Good Business
My Comments: Here we are at the beginning of 2015 and virtually all of us want to experience good news as opposed to bad news. I suspect we will have some of both as the next twelve months appear. Among the good news I’d like to experience is a recognition by the new Congress that …
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