My Comments: As a financial advisor for the past 40 years, I’ve somehow overcome the perception that people with specialized knowledge can not always be trusted, especially with your money. With so many threats coming at us from every direction these days, some of which are not realistic but promoted by the media as a …
Continue reading What Doctors and Families Have That Advisors Don’t
My Comments: My wife and I took a few days off; visited friends and family in Tennessee and North Carolina. The lowest per gallon price we saw along the way was $2.29 in South Carolina. If you read my blog posts, you’ll know I expect for the markets to stop going up and for there …
My Comments: I claim no authority on this topic. However, because I work with physicians all the time, I’m very aware of the pressures that apply to the profession. There is much going on over which no individual has any control, one of which is the apparent erosion of the profession in terms on college …
My Comments: I make no apologies for having supported and voted for Barack Obama in 2008 and 2012. Much of the pressure from the right, in my opinion, is irrational and disguised racism. Here is an opinion from England, my birthplace and true friend of America. It’s an interesting perspective and to the extent you …
Continue reading Division and Crisis Risk Sapping the West’s Power
My Comments: The financial crisis in 2008-09 could have been much worse. The Federal Reserve intervened and limited the damage. After the fact, the regulators created a major remedy, one intended to “make sure” a similar crisis wouldn’t happen again. The idea was to impose new standards regarding the amount of capital, or reserves, on …
Continue reading Big Bank Problems: A Culture Ratio is More Important Than a Capital One
My Comments: According to this author, doom and gloom is a long way away. Whatever the case, it is my heartfelt wish that all of you have a wonderful and happy Thanksgiving. Hopefully, you will spend time with those who mean the most to you. While all of us have worries, there is so much …
Continue reading Bull Market Of A Lifetime May Be In 5th Inning
My Comments: This one is for those of you who are nerds and interested in economics and finance. If not, then hopefully you'll check in tomorrow. But... Have you been puzzled? I have, but apparently Darwin is alive and well. Only this time it has nothing to do with bugs in the Amazon jungle but …
Continue reading Let Them Eat iPads: Why Wage Suppression Is Key To The Market Puzzle
My Comments: I’ve mentioned before how easy it is for us to discount the economic influence of Europe on the world stage. But it’s a mistake to do so. Collectively, the European Union is an economic engine that is just as critical to the economic welfare of the world as we are. If they go …
My Comments: On a lighter note, here is how you may be flying to Pheonix in a couple of decades. Or to Europe, etc. Perhaps I’ll be with you in spirit. My first plane flight was in 1947. Or maybe it was 1946; I can’t remember. I do know it was from London to Brussels, …
My Comments: Much of the evidence we see these days tells us we are experiencing a bull market. The DOW hit a new all time historic high yesterday, which is dramatic. Some pundits believe this time it's ‘different’ and a downturn is unlikely. I'm not one of them. I’ve been playing this game for almost …
Continue reading Three Visual Ways To Educate Clients In A Bull Market
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