Wake Up and Smell the Risk

Cracks in the foundation are starting to rear their ugly heads and investors need to wake up smell the risk.  In my latest client newsletter, I wrote about the great disconnect that exists between Wall Street and Main Street.  On the one hand, you have Wall Street who just assumes that this is a normal [...]

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Happy Thanksgiving

We will be taking the week off this week and a new stock market update will be posted next week.
Have a wonderful Thanksgiving!

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The Ultimate Bubble of Hope

We have had all types of bubbles in the history of the investment markets.  According to Jeremy Grantham, there have been 28 different types of bubbles from gold to art to real estate to stocks and even tulips.  Yes, there was an enormous tulip mania.  Bubbles are created out of a mania.  Manias are created [...]

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What the Economic Data is Not Telling Us

It was announced Friday morning that 190,000 jobs were lost, which is higher than economists predicted.   That is significant for one reason.  At this stage in the game, we should NOT be seeing this amount of jobs being lost.  Companies get to the point where they stop laying people off because they have already cut to [...]

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Financial Crisis Alive and Well

Every Friday, all across the country, bankers hold their breath.  This is the day that the FDIC chooses to show up and take over banks that are on the verge of failure.  This past Friday, FDIC employees were especially busy when they showed up at 9 different banks.   The banks had combined assets of 19.4 billion [...]

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