Absolutely Wrong
Absolutists, extremists, and strict dogmatists all worry me. Each forgoes the shading of his personal interpretations in lieu of strictly accepted criteria. All are [...]
Interest Rates
Can America Be Fixed?
I gave a speech last week and was asked what we need to do to fix/remedy the devolution of not only our economy but our societal standards as well. I shared my answer with [...]
Good News For Now, But Watch Rates
Things appear to be heading in the right direction as we prepare to welcome a new year. GDP growth estimates are being revised upward, corporate profits are up sharply, and [...]
The Fed Reverses its Policy
Yesterday the Federal Reserve announced that it will maintain the size of its $2 trillion+ balance sheet by reinvesting principal repayments into Treasury bonds. It should be [...]
Thoughts for the New Year
Last week I gave a presentation to a group of clients and prospective clients in Bethesda, Maryland. In what has become an annual event, I provided a brief summary of the [...]
It Can Go Higher
Do you remember what you were thinking during the depths of the market decline? On March 9, 2009, the Dow Jones Industrial Average closed at 6,547 – down nearly 54% [...]
