9/18/2023 Current investor sentiment varies greatly between the stock and bond markets. You would think each market was looking at two completely different environments.  Stocks appear to be ignoring the Fed’s highly restrictive monetary policy and responding positively to positive…

9/11/2023 The City That Never Sleeps always has something happening. September is no exception. The first two weeks of the month provided a myriad of high-profile events in sports, entertainment, and fashion. Let’s start with sports, and specifically tennis. The…

September 05, 2023 Financial counseling, like life in general, involves a lot of decision-making. And making good decisions is critical for long-term success. You could argue that our true “net worth” as individuals is nothing more than an aggregation of…

8/28/2023 For the first time in decades, cash yields are close to the earnings yield of the U.S. stock market. Both are currently about 5%. Historically, earnings yields of equities have been meaningfully higher than those of cash. That makes…

8/21/2023 A popular ploy in the playbook of politicians is taking credit for success that has nothing to do with them while blaming others when things go wrong. In a democracy, this can be addressed simply by voting the blowhards…