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I tweeted a few facts last week that might have left “followers” believing that I am bearish on stocks. Of course, one does not get to express his thoughts in great detail when he is...
Over the last month, investors have witnessed a variety of strange events. The Republican party ungracefully bowed out of its bid to derail Obamacare during the tail end of the government shutdown....
I have met David Kotok, chief investment officer at Cumberland Advisors, at several conferences in which we have both been speakers. He is intelligent, amiable and approachable. Recently, I read an...
My wife Denise asked me why stocks were hitting record highs Monday morning. I grinned in a manner that probably appeared smart-alecky. For one thing, stock benchmarks hit record peaks on numerous...
The familiar pattern of May-June gloom for stocks only led to a 5% sell-off in 2013. Bonds, however, witnessed a repricing that many had not seen since 1994. Intermediate-term treasuries lost 7% to...
One of the defining debates of our time is what to do about income disparity. Nobody disputes that the wealthy have become much wealthier, particularly over the last five years. At the same time, the...
For the better part of 6 months, small company stocks have outperformed large company stocks. That’s not unusual for an unapologetic bull rally. Indeed, if investors are embracing risk, then...
History tends to punish bull markets when speculative frenzies hover around a narrowing list of stand-outs (e.g., Netflix, First Solar, etc.), an increasing number of initial public offerings (e.g.,...
Scores of personalities have gone on the record, insisting that China will be the epicenter for the next housing collapse. Most of those analysts have never lived in Hong Kong, Taiwan or China; I...
The Federal Reserve is getting ready to announce its decision to stay on its ultra-accommodative course; that is, they will continue to print $85 billion each month to buy U.S. debt and to suppress...
Is anyone bothered by the bizarre relationship between a sub-par economy and ever-rising stock prices? In brief, dismal hiring coupled with negligible wage growth encourage the Federal Reserve to...
The S&P 500 has not experienced a 10% correction since October 3, 2011. That’s a heck of run without a reality check.Yet, according to the researchers at Bespoke Investment Group, 515...
The U.S. dollar has certainly lost value since the Federal Reserve began printing greenbacks to purchase U.S. bonds. On the other hand, most of the damage occurred at the onset of the Fed’s...
Over the years, I have written articles extolling the virtues of “Equal Weight” ETFs at the expense of traditional market-cap weighted index ETFs. The folks at Rydex (now Guggenheim)...
Economists worldwide continue to raise their forecasts for the economies of European countries as well as the region as a whole. In particular, the International Monetary Fund hiked its 2013...
Prior to the collapse of real estate , tradable securities as well as dozens of global financial heavyweights in 2008, investors bet heavily on emerging market growth. Indeed, exporting powerhouses...
In my previous article, “What Apple Can Teach ETF Investors About Performance Chasing,” I addressed a familiar market phenomenon. Specifically, the larger the momentum-based price...