These are Simple Times I realize you might be shocked at my interpretation of the state of play in today’s investment climate, but I urge you to read on and consider the wonders of simplicity. Once again, we are faced with reaching the Congressionally mandated...
Beware the Ides of March It has finally happened. The global hiking cycle has finally reached the banking sector. We can pontificate about risk management shortfalls at regional banks in the US and how the regulators utterly missed the mark when it came to overseeing...
Every so often I find it useful to review recent history to gain some perspective on how markets may react in the near future. I find it relevant to go through this process right now as I think it will shed light as to where we currently stand economically and how the...
I often am asked the following question: “When do you expect the market to bottom out?” My answer is almost always some derivative of the following: “Predicting market bottoms is a fool’s errand. We will know when the market bottom has arrived a good three to six...
Have you ever been asked by your child an adult question and found yourself searching for the right answer? I usually start the answer with the classic, "well, it's complicated." But every once in a while, I find it useful to go through the process of answering that...
The other day I was sitting at an evening bar mitzvah party enjoying the good food and drink talking to friends about the state of the world. Here we were gathered at this joyous event, a bar mitzvah gala, celebrating a youngster thirteen years of age who had just...