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, …
Continue reading House Price Rises Give Birth to Generational Inequality
My Comments: Many of us are climbing a wall of worry about our investments over the next 12 months. I’m not worried if your time horizon is ten years or more, but if it’s less, then I believe you have reason to be worried. Every week I’ve posted articles that justify the wall of worry. …
Continue reading When The Stock Market Performs Best During A U.S. President’s 4-Year Term
Three and a half years ago I decided it was time for me to assert myself and take advantage of a little knowledge about social media and a desire to write. I decided to start my own blog. What you are reading, if WordPress metrics are to be believed, is post number 1000. How I …
My Comments: Those of you who know me well do not consider me a pessimist. But this is Monday. And while I can feel optimistic about the chances for a return to good times from Florida football, the rest of the news is essentially gloom and despair. I’d much rather bring you something uplifting and …
Continue reading The World Is Marching Back From Globalisation
My Comments: Here in the US we tend to think of Europe as a mis-directed older sibling, someone who can’t quite make it, by our standards. We forget that most of our laws and even the language we speak came from Europe. And those foundations were forged in a melting pot as violent and as …
Continue reading The Euro Is In Greater Peril Today Than At The Height Of The Crisis
My Comments: Continuing with the theme that if you have exposure to the markets you need to be very careful, here is another metric from someone who knows how to read the tea leaves. I’m reluctant to continually use fear to motivate people to act. But if you are not now in cash, then you …
My Comments: There is lots of handwringing about last Tuesdays election results. And lots of people looking for someone to blame if it didn’t meet hopes and expectations. One of my long time concerns has been the growing inbalance between the haves and the have-nots. Statistically it’s very real with the middle class that evolved …
My Comments: You by now know that I'm expecting a signficant market correction in the near future. However, when I say that, one has to wonder what I mean by "near". An analogy I sometimes use is a comment by a currency trader I knew years ago. His idea of "near" was in the next …
My Comments: It’s very easy for financial professionals of all stripes to get into heated arguments about the merits of life insurance. Or the lack of merits, depending on your perspective. A story I tell is about someone who in all seriousness asked “When is the best time to buy life insurance?”. And the answer …
Continue reading 7 Things You Need to Know About Term Life Insurance
My Comments: The author of this article, which appeared in the Financial Times, is no stranger to economists, investors, and politicians. My first reaction, however, was that it tends to endorse Keynesian economics, from a source that up to now has argued that the way to achieve economic recovery and more jobs, is for there …
Continue reading Why Public Investment Really Is a Free Lunch
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