Making the economy, markets, and personal finance less complicated

Michael, with the help of his investment team, share weekly thoughts on current economic and market happenings as well as things investors may be overlooking mixed with some personal financial planning guidance.

Recent Posts

  • EconomicsInvestment Strategy

    Hit ‘Em Where They Ain’t

    Nov 12, 2020

    Generally speaking, the developments over the past couple of weeks have been received positively by investors…VERY positively. As I write, the S&P 500 is u…

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  • Economics

    What Are the Markets Telling Us?

    Nov 4, 2020

    Anyone who stayed up past about 11:00 last night watching the election returns knows that the polls pretty much got it wrong . . . again. The much-vaunted “bl…

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  • Investment Strategy

    The New Market Bubble

    Oct 31, 2020

    Market bubbles are always a surprise and always expected. They build in plain view, and ignoring them requires greater and greater effort as they inflate. Onlo…

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  • Economics

    Tallying It Up

    Oct 22, 2020

    The word “trillion” is thrown around quite casually these days in Washington.  Hearing members of Congress go back and forth using such massive denominations i…

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  • Investment Strategy

    Bank Earnings Reports . . . Meh

    Oct 16, 2020

    The nation's largest banks have been reporting earnings this week, and the results are mixed.  Goldman Sachs, Morgan Stanley, PNC and JP Morgan all reported bi…

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  • Economics

    Housing — A Curse in Disguise?

    Oct 1, 2020

    In recent months economists have consistently pointed to the housing market as a sign of economic strength. And it is...unless you don't own a house. But more …

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  • Investment Strategy

    About Face!

    Sep 25, 2020

    The S&P 500 peaked at an all-time high of 3,588 on September 2nd. Over the ensuing 22 days the index has dropped about 10% - enough to officially call it a…

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  • Economics

    Poor Policy Is Keeping the Poor, Poor

    Sep 18, 2020

    The current recession has further highlighted, and exacerbated, the wealth gap in the United States.  Many people in the top 1%, 5% or 10% of the US income and…

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  • Investment Strategy

    Asset Bubble Inflation 101

    Aug 27, 2020

    In my August 13th Market Commentary, I discussed the conditions that would be required to finally see a rotation out of the mega-cap technology stocks. This is…

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