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 …

Continue reading Economic Data Releases

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 …

Continue reading 2015 PPACA Compliance Checklist

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. …

Continue reading The Joy of Being Older…

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 …

Continue reading How Old Was That Shoeshine Boy Again?

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, …

Continue reading House Price Rises Give Birth to Generational Inequality

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 …

Continue reading A Tale of Two Markets

Happy New Year! A Grand Illusion?

I apologize for being philosophical and rambling on, but I am prone to do that as my years accumulate and future years become less certain. Today is January 1, 2015. It’s important for us to recognize this day, the first day of the calendar year. It is significant in human terms, celebrated across the civilized …

Continue reading Happy New Year! A Grand Illusion?

A Terrific Message…

Those of you who know me well know I am not very spiritually inclined. However, I am inclinded toward elegant ideas, artfully expressed. This message comes from a speaker at Abiline Christian University. I enjoyed it. You might also.

The Next Great Market Meltdown

My Comments: My hope for the future about this is that I will be wrong. But I’m also aware that hope is not a very effective investment strategy. So, apart from my hope that you and yours have a spectacular 2015, it’s tempered by my expectations of reality. This writer is well known to those …

Continue reading The Next Great Market Meltdown