I’ve shown many charts over the past few weeks, so I wanted to use today’s post to update them after the Fed’s Jerome Powell took more of a dovish tone…
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All it took was two 10% stock market corrections in a single year and some heavy “browbeating” from President Trump to reverse Jerome Powell’s hawkish stance on hiking interest rates….
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As seen on Forbes by RealInvestmentAdvice.com’s Jesse Colombo: “Here’s Why More American Farms Are Going Bankrupt.” A report came out this week showing that U.S. farm bankruptcies are on the rise due…
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Earlier this year, I penned an article entitled “The Coming Collision Of Debt & Rates” which discussed the 10-areas that rising interest rates would impact most directly. Number two on…
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“Tops are a process, bottoms are an event.” – Wall Street adage It is remarkable to me how, as Divine Ms. M puts it, “There is nothing like price to change…
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Talking to friends and family at Thanksgiving dinner made me realize how unprepared for volatility investors are. The gathering I attended was filled with a wide mix of investors, from…
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I got a chance to sit down with the CIO of Crescat Capital Management, Kevin Smith, in a wide ranging interview about the economy, the markets, interest rates and the…
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In a recent interview with Lawrence Lepard we dig down into the lessons of history to discern what will be the probable outcomes in the future for investors. Lawrence Lepard…
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On November 27, 2018, the CFO from United Technologies (UTX) stated that his company will focus on deleveraging and not stock buybacks. This announcement comes as General Electric (GE) is…
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Our firm bought Apple shares for clients’ portfolios in 2013, and we are used to being a contrarian voice when it comes to the stock (read here and here) — we loved it…
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Wall Street loves to label stuff. When markets are rising it’s a “bull market.” Conversely, falling prices are a “bear market.” Interestingly, while there are some “rules of thumb” for…
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White House Politics: (When asked what he wanted to give thanks for during a press gaggle Thanksgiving Thursday, Trump responded), “for having a great family and for having made a…
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On Monday, General Motors announced that it will cut 14,700 jobs or 15% of its North American workforce in addition to closing three assembly plants and two other facilities: In the…
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“If you repeat a falsehood long enough, it will eventually be accepted as fact.” In the financial markets, and economics, it is a common occurrence for the media and commentators…
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Last week, Jeffrey Gundlach of DoubleLine Funds noted in a webcast that investment grade corporate bonds are terrible. There is no way to win with them, he said. As much…
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Despite this being a low-volume holiday week, crude oil continues to plunge. West Texas Intermediate (WTI) crude oil is down $3.69 or 6.75% and Brent crude oil is down $3.60…
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I noted recently that the classic balanced or 60/40 portfolio has a difficult time in periods of inflation. Bonds deliver fixed dollar interest, so they obviously fare poorly during inflation….
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The concept was so simple it was genius. Create a fund that mirrors the stocks of the S&P 500. In 1974, Nobel prizewinning economist Paul Samuelson suggested the concept, a…
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Last year, I penned an article titled: “It’s a Turkey Market” and with Thanksgiving just a couple of days away, I thought it was an apropos time to revisit that post. “What’s…
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“Mother, mother There’s too many of you crying Brother, brother, brother There’s far too many of you dying You know we’ve got to find a way To bring some lovin’…
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