GOP Lawmaker Hopes To Halt Fiduciary Push

My Comment: This push by the GOP is, in my opinion, more smoke and mirrors from those beholden to the lobbyists from Wall Street. The crux of this issue is that the people who run Wall Street firms do not want their rank and file representatives, the ones who work with people like you and …

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The Glass Ceiling on Rates

My Comments: I’ve recently shared this chart with you that shows the historical ups and downs on interest rates in this country going back 224 years. They have been trending down since 1981, a long time. Right now they are nearly zero. When this happened in the past, they began an upward climb until they …

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When Underperforming the S&P 500 Is a Good Thing

My Comments: I’ve spent time recently with clients talking about our mutual frustration with the performance of their investment portfolios over the past 18 months. They want their accounts to grow aggressively and I want them to grow aggressively, if for no other reason than it makes me look smart. We can argue that the …

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Good Company, Bad Stock

My Comments: This post is to remind you that stock market performance and the state of the economy do not follow the same track. From time to time there are close parallels, but they dance to a different drummer. My arguments that the stock market is due for a crash are unrelated to the state …

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Group Health Insurance is Bad For America

My Comments: Followers of this blog know my reasons for wanting to keep the PPACA in place, mindful of the need for a lot of modifications. What you may not know was about 40 years ago I cut my teeth in the insurance world selling individual health insurance policies. My market was staff and faculty …

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Tricks of the Mind Turned Oil Into Gold

My Comments: Once again, I have a blog post about OIL. Clients are asking me how was it possible for the price of oil to rise as far as it did just a year ago and yet here we are, with the per barrell price 40% of what it used to be. If it’s economically …

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PUNS …

My Comments: For some reason this has been both a stressful and satisfying week. My observation is that progress is being made on several fronts, both personal and globally. It's Friday, and my mind is ready for a little levity. So... please keep your groans to yourself. Thanks. 1. The fattest knight at King Arthur's …

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Germany Is Delusional To The Point Of Insanity

My Comments: Assertive headlines such as what you see here are usually outside my comfort zone. For one it implies a pathology that I’m not trained to comment on and two, Europe and European values are different from mine, given that I’ve lived here in the US for the past 65 years. (Warning: this post …

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5 Republican Campaign Promises

My Comments: Campaign promises are usually pretty hollow expressions of what a candidate ‘would like’ to have you believe. If you win, then you can be held accountable. If you lose, then they are typically forgotten. Last evening, President Obama gave us his 2015 State of the Union address. I did not watch it. My …

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Economic Data Releases

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 …

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