Financial worries sometimes create stress, and often that stress is unnecessary. Organization and a little disciplined thinking would help dispel it. With a financial plan, your goals come into clearer view, and so do the strategies you need to implement in order to reach them. Starting to think about the Read more…
Over the past few years, a new movement has emerged in many countries around the world, taking different forms in different places, and often labeled by the news media with the deceptively simple term “populism.” However, that term doesn’t capture some of the most important aspects of the historic process Read more…
U.S. and Global Stocks Thus far, global markets have essentially shrugged off any major risks from the outbreak of 2019-nCoV, the designation for the new SARS-like coronavirus outbreak in China. We note that markets especially in the U.S. remain in an overbought condition, and vulnerable to a correction — either Read more…
Estate planning is a critical process for investors as they consider the transfer of assets to their heirs, and there are some big mistakes that are easy to make if you lack sound estate-planning advice. That could give your heirs big headaches when you’re gone — the exact opposite of Read more…
Last September, after the crisis in the overnight repo markets, we wrote: “The recent funding stresses that drove U.S. overnight repo rates to spike point out actions that the U.S. Federal Reserve will need to take over the coming year to ensure liquidity. Accounting for organic growth in liquidity needs, Read more…
Last week, in our Market Summary, we commented: “A correction could come in one of two forms — either a boring, sideways grind lasting several months, or a sharp decline of 4–8%, coincident with some appropriate externality, followed by a renewed uptrend. The recent outbreak of a SARS-like coronavirus in Read more…
A recent piece of analysis of U.S. markets that we read alluded to Waiting For Godot, the mid-century play by Irish writer Samuel Beckett in which the two hapless lead characters are waiting for someone (Godot) who never arrives. After a remarkable period of low volatility and rapid appreciation, sparked Read more…
Apple [NASDAQ: AAPL] got pilloried on social media in November, several months into the rollout of the new Apple Card (managed by Goldman Sachs [NYSE: GS]). A tech influencer (the creator of the popular programming language “Ruby On Rails”) called out AAPL for giving him a much larger credit limit than his Read more…
We recently read a piece in Bloomberg on a notable long-term trend: the U.K. stock market is shrinking. Looking back to 2016, John Authers notes: “While the index has risen more than 23%, the total value of shares has increased by only 2.7%. The reason is the ebbing importance of Read more…
We may be entering into the last stage of the post-crisis bull market, likely in 2021. Most analysts see very modest appreciation in global stock markets this year; in the markets we favor, mentioned above, we’re looking for more gains than the consensus expects. We are watching carefully for economic Read more…
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