Lending to Poor People Didn't Cause the Financial Crisis
Two Trump advisors lay the blame for the credit crisis and Great Recession on the Community Reinvestment Act of 1977. The reality is different.
Are Bonds Losing Their Defensive Edge?
Many investors are concerned that the bull market in bonds is getting too old to play effective portfolio defense while continuing to deliver strong returns.
Fed Rates Are the Wrong Tool to Fight Bubbles
The idea that the Fed should raise rates to suppress asset prices is deep rooted. But the data indicates it's also a flawed idea.
Slogging on the Economic Road Back to Normal
Drawing a broad conclusion about any single jobs report is sheer folly: the U.S. continues to be in a post-credit-crisis recovery.
A Subtle Benefit of Being an Independent Advisor
With no manager expecting higher “production” as you research stocks or bonds, you can actually pick what’s best for those clients.
Millennials and Attorneys Make the Same 4 Financial Mistakes
Many successful people cannot dedicate the time required to handle finances well, but these four mistakes are easily avoidable.
Why the U.S. Needs a Strong Jobs Report
Was May jobs report a harbinger or an outlier? The June report, even if good, may be disruptive to the markets.
Brexit, Italexit: Investor Stress? Yes. Buying Opportunity? Yes.
As with most negatively perceived market events, investors overreacted to the Brexit news. However, like every other overreaction, this one had a silver lining.
Brexit’s Inevitable Impact: Lower Equity Valuations—Searching for Alpha for July 2016
While lower valuations don't automatically translate to lower stock prices, uncertainty is sure to reign.
Here's What Financial Pundits Mean When They Say...
When watching TV financial shows, remember that admitting that you have no clue what the future holds makes for bad television