Recent Posts
- Investment Strategy
Investing in Municipal Bonds
Jan 21, 2021Read MoreInvesting in municipal bonds can be a complicated process. Unlike the more plain-vanilla structure of US Treasury bonds, municipal bonds can have a wide range …
- Monetary Policy
“King Dollar” Is Losing Its Luster
Dec 18, 2020Read MoreFollowing several years of relative strength, the US dollar has weakened rather precipitously since the early stages of the coronavirus outbreak. While many ec…
- EconomicsInvestment Strategy
Hit ‘Em Where They Ain’t
Nov 12, 2020Read MoreGenerally 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…
- Economics
What Are the Markets Telling Us?
Nov 4, 2020Read MoreAnyone 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…
- Investment Strategy
The New Market Bubble
Oct 31, 2020Read MoreMarket 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…
- Economics
Tallying It Up
Oct 22, 2020Read MoreThe word “trillion” is thrown around quite casually these days in Washington. Hearing members of Congress go back and forth using such massive denominations i…
- Investment Strategy
Bank Earnings Reports . . . Meh
Oct 16, 2020Read MoreThe 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…
- Economics
Housing — A Curse in Disguise?
Oct 1, 2020Read MoreIn 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 …
- Investment Strategy
About Face!
Sep 25, 2020Read MoreThe 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…
