Archive | July, 2015

Hurricane “Patient”

27 Jul

Recently Ron Paul railed on the American economy, calling it fundamentally unsound. Instead of production, employment or a strong dollar driving growth, language in a press release is the catalyst. Specifically, it was the word “patient” in a release from the Federal Reserve. “Based on its current assessment, the Committee judges that it can be patient in beginning to [...]

Our Public Pensions Could Be the Next Greece

20 Jul

Greece is in the news for all the wrong reasons. Its debt levels are simply untenable, leaving the country in a tailspin. And citizens voted no in a recent referendum on austerity measures and other reforms.  If we’re not careful, our own domestic public pensions could live the same Greek tragedy because they’re so underfunded. As I’ve mentioned [...]

Investors Worst Enemies? Themselves.

13 Jul

Dalbar, a financial services market research firm, annually conducts a study on investor returns and the behavior that drives them. It measures investors’ buying and selling of mutual funds, and the timing of those moves. The results (pdf) are disappointing – investor behavior is consistently causing lower returns than funds’ performance reports state.  And there’s hardly [...]