Economic Fiction

February 1, 2016 “Anyone claiming America’s economy is in decline is peddling fiction.” – President Barack Obama, Jan. 12, 2016.  My readers can now refer to me as a fiction writer then because despite the president’s assertion, the data and several...

Will the FANG Bite?

January 25, 2016 There are some eerie similarities between today and the 2000 “dot com” bear market. In the period leading up to the late 2000-02, the market was led by four large tech stocks – Microsoft, Dell, Cisco and Intel. As groups of alike stocks tend to do,...

Save (a lot) More, or Roll the Dice

January 11, 2016 The long-practiced strategy of generating retirement income from U.S. Treasury investments (i.e., bonds) is in danger of being reduced to irrelevance because of the Fed’s low rate policies. A recent study shows that retirees now need more...

3 R’s for 2016: Rates, Risk and Recession

January 4, 2016 It finally happened – the Fed raised rates. The overdue move is an official sign of economic recovery. It’s also a sign that the Fed is tightening its belt (despite commanding a multi-trillion dollar portfolio). In its pledge to...