“Now What?” The current market is certainly a headscratcher and is difficult to sort out. A few thoughts: I was reading an article from Lowry Research Corporation recently and they pointed out: “While a treadmill may be good for exercise, over time, workouts may cover many miles without the runner actually going anywhere. Over the […]
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“How Good is Housing as an Investment?” I had another query about housing today from a friend named Mike, who is convinced that the stock market is overpriced in general, and that real estate may be the best place to put his money: “I mean, what else is there?” he asked. Well, real estate certainly […]
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January 2016 “Happy New Year?” Last week was the worst opening week of any year in history, with the S&P 500 down 5.96%, the Dow Jones Industrial Average (DJIA) down 6.19%, and NASDAQ down 7.26%. The year 2016 has started with tensions from North Korea’s nuclear test, discord (still) in the Middle East, concerns arising […]
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“Black Swan or Opportunity?” What is a Black Swan? The theory was developed by Nassim Taleb to explain unexpected events of large magnitude and consequence and their dominant role in history. They are generally unforeseen, can be terrifying and often become the “reason du jour” the markets move negatively with seemingly few reasons. The equity […]
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The Cornerstone April 2014 Special Edition “What’s up with High Speed Trading – and What About the Google Split?” I’ve been getting many calls and decided to publish a short Cornerstone to address these two specific concerns. First, is the stock market rigged in favor of high-speed electronic trading firms? Perhaps, but that shouldn’t matter […]
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The Cornerstone July 2013 “The Path to Higher Rates” Higher Rates-This is a story or perhaps just a preview of what we have been talking about for a long time. The difference is that there are a few nuances that in my opinion make the story a little different: First, I don’t believe […]
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The Cornerstone August 2012 “Think International.” Not to say that all Americans are myopic all the time– but at times, many of us can be. We see the world through a different set of lenses that get fogged up and keep us from broadening our views. I’m suggesting then, that perhaps we just consider this […]
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The Cornerstone December 2011 “Acronym Soup” The whipsaws continue. Due to surging consumer spending, good economic indicators and central bank intervention the S&P surged 7.4% in the week that ended December 2nd. The move was second in history only to the huge week of March 9-13, 2009, according to money manager Louis Navellier. This explosion […]
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The Cornerstone October 2011 “Connect the Dots Forward” If you have not heard of “TED”, I encourage you to go to the website, www.ted.com and listen to some of the speakers they feature. I just listened, again, to Steve Jobs: “How to live before you die”, a very moving presentation especially given his recent passing. […]
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The Cornerstone Late August 2011 “Let’s not do that again…” What a month it’s been, and, I think it’s important to discuss a few things: First, we all recognize the market changes that have occurred since the end of July and want to know what happened, why it happened and what this means for our […]
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