Are ETFs Breeding Systemic Risks?
The success of ETFs faces a backlash from critics who claim they create systemic risks for investors, but is that the case?
Bad Explanations for the Financial Crisis Won’t Die
A new group of economists recently challenged the prevailing theory; I respond by taking a page from Nicolaus Copernicus.
Republicans Will Find Corporate Tax Reform Isn't That Easy
Tax reform is a relatively easy concept. As the current House bill shows, the difficulty is in the details.
Invest and Profit With the POTUS Indexes!
Regardless of how you allocate your assets, there is a method that cannot fail in its brilliance and simplicity.
Reagan's Lesson for Trump: Listen to the Lawyers
Reagan learned that while it’s tempting to say yes to your boss, the most helpful answer is often the one he doesn’t want to hear.
3 Investment Ideas for 2017: Searching for Alpha for January 2017
While the animal spirits certainly have more tricks up their sleeves, there will be opportunities to add to the stellar gains of ’16.
Active Investment Management Never Went Away
But it was overwhelmed by passive investing because of its structural challenges: high costs, high turnover and management by committee.
Lessons From My Anxious Holiday Shopping
Somehow, I survived the uncertainty and anxiety of what economists often regard as an inefficient tradition: spending hours looking for the right holiday gifts.
ETF Tactical Trades in Wake of Fed Hike
The economic forecast is rosy, but identifying opportunities for ETF tactical trades remain dependent on Donald Trump’s policies.
The Markets in 2016, and What's Ahead in the New Year
Will the “Trump Rally” continue into 2017 or will it turn out to be a “Trump Bubble?"