Mar 15, 2020 | Investments
While everything from deserted ball games to school closings to elbow shakes instead of handshakes may seem strange to us, this is not the first time epidemics have wreaked havoc in America. Headlines in NY Times on April 12, 1955 was “Polio is Conquered.” Until then,...
Feb 23, 2020 | Investments
From May 2009 through January 2020, the S&P 500 climbed at a 15.1% annualized rate. In contrast, U.S. GDP averaged only about 2% in the last decade. Popular notion is that equities can only keep appreciating at 15-20% a year while GDP grows at 2-3% annually for so...
Jan 26, 2020 | Investments
As markets continue to rally, questions are arising if today’s stock market is akin to the stock market rise in 1999. There are, of course, quite a few differences. In 1999, there were no earnings, only clicks — it was a widely followed metric — the more dot-com...
Jan 5, 2020 | Investments
2019 was a strong year for U.S. equity markets, and that strength is compelling investors to wonder whether this powerful ascent will translate into a down market in 2020. However, if statistics over the past 70 years hold true, this year is likely to produce healthy,...
Dec 15, 2019 | Investments
ETFs have taken over the investment world and are quickly putting mutual funds out of business. Their low fees and active trading during market hours characteristics make them more attractive than mutual funds. But, by far, their most important attribute is their...
Dec 8, 2019 | Investments
Last week, Louis Bacon, an investor who made a 30 year career of making over 20% gains annually based on “macro” investing by placing big wagers on variety of global indicators, called it a day and is closing down his funds at Moore Capital Management. The reason...
