2018 and older
April 25, 2016 The wealthy get blamed for many things. If you listen to political rhetoric it would seem that those with assets are the root of most social evils. Moreover the advocated solution by some is the redistribution of wealth. Ironically,…
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April 2016 If you look at markets only once a quarter, the first three months of 2016 appear relatively uneventful, at least on the surface. The S&P 500 was up 1.4%, U.S. small cap stocks were down -1.5%, and the…
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April 18, 2016 Recently I saw a very annoying TV commercial from a major insurance company which apparently is “on my side”. In fact I could not take in the ridiculous claim that was being made. The ad was fast…
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April 11, 2016 Shocking news, the Saudis have a lot of oil. The ability of this desert country to choose when to turn the oil spigot on and off delights some, but scares most. The vast Saudi oil reserves are…
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April 4, 2016 My clients will probably be glad to hear I do not watch daytime TV. I spent 25 years on a trading desk on Wall Street where the entire trading room floor was covered with more TVs than a…
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March 28, 2016 What can help us understand ”Millennials” – the next generation of US spenders? How about the research team at Facebook? When it comes to being plugged into Millennials (those currently aged 21-34), Facebook should know. Millennials are…
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March 21, 2016 Our homes are typically one of our largest and most important assets. A home is also the investment that generates a lot of emotional attachments. I encounter two types of clients in relation to how they view…
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March 14, 2016 How old do you feel? Sometimes I hear that question and feel my age, or worse, I feel like I am one hundred. After spending a Saturday doing the routine chores around the house or working in…
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March 7, 2016 This week’s market action saw the DJIA back above 17,000 and the S&P 500 now down only 2% for the year. It is striking that the two largest sells-offs since last August are attributable to one issue: fear of…
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February 22, 2016 Low and even negative interest rates are causing pain for people around the world. I talk to investors daily who express frustration at earning a few cents each month for cash balances on their checking accounts. I have a…
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