Financial Planning in Your 50s: Building a Secure Retirement Your 50s can feel like a financial crossroads. Earnings are often strong, responsibilities are real, and time starts acting a little less patient. College may be on the horizon (or underway). Aging parents might need support. Work is busy, life is full, and retirement is no […]
There is a rising market risk in 2026 that is largely overlooked as we wrap up this year. As discussed in the "Fed's Soft Landing Narrative," optimism about 2026 is running high.
Silver’s parabolic rise has been remarkable. Its price has more than doubled this year and is nearly three times higher than in 2023. The current surge closely mirrors two previous price jumps shown below. In this article, we examine the two similar price surges shown below to provide context for what may be occurring today […]
It’s that time of year when Wall Street polishes up its crystal balls and begins predicting returns for 2026. Since Wall Street never predicts a down year, which would be unwise for fee-based product revenues, these forecasts are often inaccurate and sometimes significantly wrong.
QE is back! On December 10th, the Federal Reserve announced its plan to purchase $40 billion in Treasury securities each month for at least four months. Through these QE purchases, bank reserves will increase, and recent liquidity concerns should lessen. Furthermore, increased liquidity often leads to more speculative market conditions and higher asset prices as […]
During extended upward-trending markets that reward risk-takers and punish caution, everyone is a “bull market genius.” That dynamic flips investor psychology and, over time, creates a false sense of control. As the market continues to climb, risk appears to vanish, and investors believe that nothing can go wrong, leading them to take on increasing levels […]
Michael Green, Chief Strategist and Portfolio Manager at Simplify Asset Management, wrote a provocative Substack essay, Part 1: My Life Is A Lie, that is sparking a debate among economists and raising awareness of the affordability crisis. It’s not just the wonky economists debating the merits of his article; The Washington Post, CNN (News Central), […]
A recent article by Simon White, via Bloomberg, discussed the rising cost of margin debt for investors. While his analysis below compares the cost of debt to GDP, we will also consider a more critical comparison to disposable personal income (DPI). Here is Simon’s point. “Yet, where history does raise a red flag is if […]
Starting in the aftermath of the 2008 financial crisis, a profound change to the Fed’s liquidity-providing role in the capital markets was underway. We can sum up the Fed regime change with a popular quip: The Fed has shifted from lender of last resort to the lender of only resort! In our articles QE Is […]