2018 and older

It is sometimes mind-numbing to think about the repetitive nature of what we do as investment professionals. How many times do we look at the exact same economic data to make a decision or come to a conclusion? This marks my…

Recent events in my oldest daughter’s life presented me the opportunity to revive my cherished role – a role similar to the one played by Morgan Freeman as Hoke Colburn in “Driving Miss Daisy”. I chauffered my wife and daughter around…

Each week the New York Times has a fascinating section devoted to personal finance entitled “Your Money.” The section usually covers a variety of topics like tax strategies or insurance topics. This week’s entire section was different. Entitled “My Biggest…

Some investors view participation in the markets as similar to the days of the wild, wild west when uncertainty and the danger seemed to be lurking around every corner.  Will I get into a fight at my favorite watering hole? …

Jean Claude wakes up on New Year’s Day 2015 with a tremendous headache from a late night at his favorite bistro. Grabbing a coffee and a copy of La Monde he reads that the Euro is trading at 1.20 versus the…

This week, and the closing sell off on Friday, seemed to present a classic example of investors showing strong signs of not knowing what to do in a puzzling market. The market is currently in the process of shifting gears.…

Can’t get enough of low yields? Have you tried Europe lately? Bond investors in the U.S. continue to struggle with finding acceptable yields for their money. While a 2% yield for a U.S. 10-year Treasury doesn’t seem that attractive, it…

You have probably seen talk of “robo advisors” in the media. The articles I have read pay much attention to the new robo advisor firms, and their sources of venture capital, but little to the potential impact on the investors…

This past Saturday Nick and I ventured to rural Georgia for our annual pilgrimage to what I have come to refer to as “Camp David South.”  We were headed to the annual family meeting for one our clients.  This one…

The weekend TV news shows are filled with pundits talking about what they see as the most important issue we currently face; who will be the Presidential nominee for each party in 2016? The election is slated for November 8th 2016,…