My Comments: In keeping with the spirit of the recently released National Climate Assessment report, here is an article that identifies five sites that by the end of this century will likely be underwater. Especially if nothing is done soon to limit greenhouse gasses across the planet. You know, the stuff that some on the …
Continue reading Five Historic Sites That Are Most Vulnerable to Sea-level Rise
My Comments: Last Friday, I brought “Bitcoin” to the financial table for a lot of you. Just as Facebook has become a fixture in our lives over the past decade, so too will Bitcoin, or something similar. Turning the clock back on the digital age is not going to happen. The challenge for us is …
My Comments: What exactly is a bitcoin? I’ve been reading about them for many months now and I’ve yet to understand how I would spend one if it happened to show up in my change at Publix. Chances are it never will. But... The image suggests they are made of metal. But that runs counter …
Continue reading Our Flawed Financial System is Reflected in Bitcoin
My Comments: I guess it's human nature to abhor a vacuum. If there isn't a crisis, we invent one. We’ve had 5 years of mostly good times in the markets, since about the first of April in 2009. The second chart below kinda proves that. From a timing standpoint, we’ve had people predicting the end …
My Comments: I realize that many of you have no idea what happened in the 1970s. I’d like to forget some of it so you’re ahead of me. The OPEC Crisis was a move by oil producing nations in the middle east to cut supply drastically, which caused gas prices to jump dramatically and leave …
Continue reading The Largest Supply Side Shock Since The OPEC Crisis Of The 1970s
My Comments: This article was meant for me as a financial professional with fiduciary responsibilities. However, I think it’s important information for everyone. TDF stands for Target Date Funds. This is a Wall Street invention that attempts to create a special, presumably safe investment portfolio for you, Mr. and Mrs. American Investor. The investment allocation …
Continue reading Fiduciaries: Steer Clear of T. Rowe, Fidelity and Vanguard TDFs
My Comments: OK, maybe “funeral” is too strong but the bloom is clearly off the lily. I’ve been registered as a Democrat since I was in college. This was when you had to be if you wanted to vote in the primaries. The only people running were Democrats. I’ve called myself an economist since my …
Continue reading RIP Obama’s Stimulus: Funeral for a Policy Success
My Comments: I’m proud of the fact that I’m held to a fiduciary standard. It’s in my best interest as a professional to be held to the same standards as attorneys, CPAs, physicians, and the like. My focus has to be on what is best for my clients, and that’s a good thing. Readers of …
My Comments: This article was published two months ago, so it is interesting to see how the ideas expressed were validated or not over February and March. At the time, the focus was a just ended and very dismal January. Everyone was asking me about the rest of the year. And I didn’t have a …
My Comments: I’ve never been a gold bug. My mother collected silver but that had nothing to do with silver, or gold, as an investment. But it should be included in the category most of us call “alternative investments”, along with real estate, precious metals and other commodities. I make sure my clients include alternative …
Continue reading Where Does Gold Go From Here? Let’s Use 40 Years Of History As Our Guide
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