Still Failing the Test of Common Sense
Citing “recent global economic and financial developments” the Federal Open Market Committee kept its zero interest rate policy in place...
- Aug 20, 2015
The World-Wide Undermining of Free Markets
The op-ed below by Romain Hatchuel, The World-Wide Undermining of Free Markets, published in last week’s Wall Street Journal is worth...
- Aug 16, 2015
Failing The Test of Common Sense?
Today’s Op-Ed section of the Wall Street Journal contained a piece by Christian Broda and Stanley Druckenmiller addressing the Federal...
- Feb 11, 2015
Apple
On January 27th Apple Inc. (AAPL) reported a blowout quarter, selling a mind boggling 9 iPhones per second during every 24 hour period...
- Oct 31, 2014
Trick or Treat?
If anyone doubted we are in the age of the central banker, today’s action by the Bank of Japan will leave no more room to wonder. ...
- Jul 30, 2014
Fed: Costs Now Exceed Benefits?
In our view the potential costs have crossed the potential benefits. There is a high probability that the Federal Reserve is so...
- Mar 5, 2014
Thomas Friedman: Why Putin Doesn't Respect Us
Thomas Friedman published this column in yesterday’s New York Times. Not everything in it we agree with, but most we do. It’s worth the...
- Nov 20, 2013
Turn Out The Noise
As investors we are constantly bombarded by noise disguised as news, or even worse, investment advice. To be a successful investor over...
- Aug 27, 2013
Rising Rates and Dividend Stock Performance
Interest rates were bound to rise eventually – but the timing of such things always seem to jolt investors when they materialize. On May...
- Jun 4, 2013
"Reaching for Yield"
“More money has been lost reaching for yield than at the point of a gun.” Raymond DeVoe With interest rates remaining near half century...