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

  • Investment Strategy

    Investing in Municipal Bonds

    Jan 21, 2021

    Investing 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 …

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  • 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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  • 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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  • 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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  • 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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  • 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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  • Investment Strategy

    But Will It Continue?

    Aug 13, 2020

    I know I sound like a broken record, but it appears that, once again, a market rotation could be underway.  The S&P 500 Information Technology sector reach…

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  • Investment Strategy

    Vees, Checks, and Convergences

    Jul 16, 2020

    For the markets as a whole, the summer has been pretty good. In the last three weeks, the S&P 500, Dow, and NASDAQ indices have all seen gains of over 7%, …

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  • Investment Strategy

    My Pandemic Portfolio

    May 14, 2020

    My friend and investor RJ Lewis provoked a discussion on social media this week.  He brought up a point made recently by Ray Dalio, the high-profile money mana…

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