The Arrogance Cycle

Stock Bubble???

November 21, 2013

Jim Iuorio appeared on Larry Kudlow’s show on CNBC this week and said something profound. To paraphrase, Jim said that bubbles don’t happen while people talk [...]

More Government Money?

January 11, 2012

I don’t understand the Japanese economy. The federal government has a huge debt burden, and the country’s bonds have suffered credit rating downgrades, yet the yield on [...]

Re-Allocate?

September 28, 2011

Markets dropped more than 6% last week because of problems in Europe but rallied 3.4% on Monday and Tuesday because European problems were going to be solved. Wednesday [...]

The Arrogance Cycle

September 7, 2011

This week I’d like to offer a shameless plug for my second book, which is just out. In The Arrogance Cycle, I provide what every investor needs to know to protect his or [...]

Absolutely Wrong

August 17, 2011

Absolutists, extremists, and strict dogmatists all worry me. Each forgoes the shading of his personal interpretations in lieu of strictly accepted criteria. All are [...]