In the third quarter, an unusual situation arose in U.S. financial markets: dividend yield on stocks surpassed the interest rate on the 10-year Treasury bond. While some technical analysts saw this as a strong “buy” signal, and the market did subsequently rally, the real explanation is probably far less favorable...
Soapbox: Algorithms vs. Arithmetic
There are security analysts and financial advisors who have no fear about taking positions in derivatives based on arcane algorithms. But for some reason, these...
Early boomer retirement at 110
CNN recently reported on the findings of James Canton, a consultant on future trends to the likes of Motorola and the White House. Canton claims...
You Can't Take it With You
Nothing is certain but death and taxes, so why not
Ray McCaffrey isn't troubled by the high turnover