There is a pervasive sense that one must be either be bullish or bearish. But, a legitimate third choice is cash. I’m not suggesting shoving money under your mattress. But, with the recent market decline, and increased volatility, moving...
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In 2014, the monkeys won again. The average hedge fund earned 6.7%. The monkeys did over three times better, earning a massive 21% return. In 2015, like a scene from Planet of the Apes, the primates took control, beating the managers...
Read MoreMuch ink has spilled over the past few months regarding the potential for and the implications of an inversion of the yield curve. An inverted curve is when short-term interest rates are higher than long-term rates. This week we actually...
Read MoreAfter huge run-ups over the summer shares of the pure pot plays have cooled off as investors start sorting winners from losers and applying more traditional valuation metrics. A safer way to play the inevitable growth of the industry might be...
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There have been a number of commentators noting the similarity between what is happening in the market now to the late 2015 early 2016 period. If the analogous action holds true to form that doesn’t bode well heading into 2019. During January...
Read MoreThere have been a number of commentators noting the similarity between what is happening in the market now to the late 2015 early 2016 period. If the analogous action holds true to form that doesn’t bode well heading into 2019. During...
Read MoreTwo years ago, Warren Buffet, who once swore he’d never again invest in airlines, gave the industry his blessing by investing some $10 billion in four of the major carriers. Since then, the stocks have had a bumpy ride. But now could be the...
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