My Comments: Some of you will think I’m an alarmist. And perhaps I am. But the signals that have been present for some 18 months are getting louder, much louder. I’ve not included all the charts that appeared with this article as there are too many of them and they are all negative. Here’s a …
Continue reading The Stock Market Is Overvalued, No Matter How You Measure It
My Comments: I claim no authority on this topic. However, because I often work with physicians, I’m very aware of the pressures that apply to the profession. There are many issues on which no individual has any control, one of them the apparent erosion of the profession in terms of college graduates not seeking admittance …
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 …
My Comments: The driving economic story these days is about the price of oil. That the sudden and dramatic drop will have global repercussions is a given. The challenge for financial planners is how to help clients take advantage of these repercussions. Right now, having a few hundred extra bucks to spend on something else …
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 …
My Comments: This is another example of an article that talks about what might happen to our investments in 2015. For many of us advisors, there is an increasingly pervasive odor surrounding the markets. It has nothing to do with the solid economy developing here in the US. The odor, however, is giving me an …
Continue reading Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain
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
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 …
My Comments: I received my undergraduate degree in 1963, which was a long time ago. I had a part time job and my parents covered the rest. Selfishly, I never even thought about any sacrifice they might have been making. It was never an issue. Since then, I’ve spent most of my adult life in …
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. …
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