Was 2Q GDP Really That Bad?
Last Friday we learned that the economy grew a paltry 1.2% in the second quarter – less than half of the consensus expectation of 2.5% and only marginally better than [...]
Brexit
Video Market Commentary: July 13, 2016
On Wednesday, July 13, 2016, Michael sat down to give a different message: stocks are overvalued. He first begins with a quick number recap, covering the markets, the [...]
The Repercussions of Ultra-Low Interest Rates
For this week’s Market Commentary, I am including an excerpt from the second-quarter edition of our quarterly newsletter, The Farr View. We hope you will find it [...]
“TINA” is Back
By now I’m sure you’ve heard something about how disastrous the British vote to exit the European Union (aka, the Brexit) will be for both the global economy and [...]
How Are We Breacting?
It’s not often that the feature topic of my weekly market commentary is the same for two consecutive weeks, let alone three. But when that topic develops into $3.01 [...]
Brexit Passed!
Yesterday, in a repudiation of the status quo, British citizens voted to leave the European Union. The vote for independence was due to frustration over EU restrictions on [...]
The Fed’s Paralysis Will Cost Us Dearly
Last week I received a call from Adam Shell at USA Today. Adam was working on a story about the Brexit referendum. His thesis was that this week’s vote could not have [...]
Does Brexit = Crisis?
Global markets have suddenly become volatile again as recent polling data in the UK suggest that Britons may elect to leave the European Union in a June 23 referendum. The [...]
