I’ve been managing money for over 25 years and rarely have I seen the level of craziness and insanity in both our politics and financial markets in the U.S. I’m frightened of this deepening manmade disaster that’s unfolding...
Tuesday: With market participants viewing the Fed’s tapering decision as “a coin flip,” share prices generally declined. Bond yields were a bit lower. The dollar was mixed...
Non-Traded REITs
Enter Phase II of the real estate cycle
It has been a good year for real estate investing, and we believe the outlook for 2014 is favorable as well. The global economic recovery appears, at last, to have legs; interest rates...
As the Fed heads into its December meeting, bond managers will once again warn investors to prepare for the potential of QE tapering and a rise in interest rates. While the waiting game continues, it’s time we take a close look at risk-free...
In a paper for last week’s IMF annual research conference, William English (head of the Federal Reserve Board’s Monetary Affairs division) discussed current monetary policy strategy, with a focus on threshold rules and forward guidance. The paper...
Each year about half the country gets to experience a "sudden wealth" event in the form of a tax refund. While not necessarily a financial windfall for most, this annual occurrence can create some awfully strange and counterproductive...
