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The city of Detroit just filed for the largest municipal bankruptcy in U.S. history. Crude oil is pushing $110 per barrel. Microsoft, eBay, Intel and Google severely disappointed in their Q2 earnings...
The 10-year Treasury flirted with a yield of 2.75% as recently as last week. That was before Fed Chairman Ben Bernanke did the Texas Two Step, clarifying the central bank’s intention to suppress...
Over the last two years, any investor who has attempted to diversify his/her portfolio has effectively been punished. PowerShares DB Commodity Tracking Index (DBC) logged a dismal -14%, iShares MSCI...
If I spent more time on Twitter, I might react to media commentary as follows:1. Fundamentals? LOL! RT @YahooFinance. Investors now concentrate on fundamentals after weeks when Federal Reserve...
Transportation bellwether United Parcel Service (UPS) reduced its full-year profit forecast due to a weak economy. Fast food giant Yum Brands (YUM) experienced declines in earnings as well as revenue....
Is the current chairman of the Federal Reserve a genius, a knucklehead or a mere mortal? In late May, Ben Bernanke appeared to communicate that our central bank would soon be slowing down its bond...
The U.S. economy’s modest growth is attributable to the real estate market, corporate debt restructuring and big ticket consumption like auto. All of these areas are extremely rate sensitive. It...
An overwhelming majority of commentators seem convinced that interest rates will remain elevated. Some have suggested that 2.72% on a 10-year yield is merely a pit stop on the way to a year-end close...
They are the 2nd largest providers of ETFs. They successfully leveraged their reputation as the low-cost leader of indexing. Regardless of your investment approach or philosophy, Vanguard offers more...
According to the U.S. National Bureau of Economic Research (NBER), the “Great Recession” began in December 2007 and ended in June 2009. Eighteen months hardly constitutes a lengthy...
What happened to the benefit of diversifying across different types of assets? Shouldn’t it be beneficial to own a mix of foreign stocks, U.S. stocks, foreign bonds, U.S. bonds and commodities...
Has anyone given consideration to just how remarkably poor 1.8% GDP in the 1st quarter really is? In spite of unprecedented levels of monetary stimulus — emergency levels of quantitative easing...
Broad-based stock and bond ETFs have struggled throughout the final month of the 2nd quarter. However, some folks may have found a bit of refuge in the banking sector.Can Banks Maintain Their Mojo?The...
In a recent article at WSJ.com, Jon Hilsenrath posed several hypothetical questions concerning the Federal Reserve as well as the U.S economy. As I read the piece, I found myself answering each query...
The production value of radio commercials can be nearly as comical as the quality of messages that your favorite Aunt posts to Facebook. I should know. I was a national talk radio personality during...
Early in 2007, a prospective client informed me that he would not be placing his $1,000,000 portfolio with my company, Pacific Park Financial. He explained that another Registered Investment Adviser...
In 2013, Mondays have been noticeably superb for U.S. stock investors. Tuesdays have been even more spectacular; in fact, until a few weeks ago, the Dow closed higher on 20 consecutive occasions....