How to Protect Clients’ Retirement From Recency Bias
The human brain is naturally wired to want to invest more in top performing assets and to pull out of assets that have performed badly. This recency bias, as it's termed in behavioral finance, is always more pronounced at the beginning of a new year.
Wealth, Poverty and Keeping Perspective
Reflections on a personal encounter.
Fed’s Yellen: Rate Hike Not Likely Coming Soon
FOMC will consider a rate hike on a "meeting-by-meeting basis," Fed chairwoman Janet Yellen tells the Senate Banking Committee.
The Hot New Statistic Oil Traders Are Looking at Is 71 Years Old
The sudden interest in Houston-based Baker Hughes’ rig counts shows how desperate traders have become to find the bottom of the oil market.
Get Ready for $10 Oil
Global demand remains weak, output is growing and OPEC’s power is eroding, columnist Gary Shilling warns.
6 Energy Myths Debunked
Michael A. Levi of the Council on Foreign Relations addressed some common misconceptions about the recent turmoil in the energy markets.
Finding Investing Alpha by Selective Stock Picking
Why I'm beginning to use some selective stock picking (think energy company Halliburton) to deliver alpha for clients, carefully following the wisdom of Benjamin Graham.
Emerging Markets Debt a Good Bet, Investors Say
Investors have been keen on emerging market debt because of the higher yields it’s been offering.
GMO’s Inker: Ditch U.S. Stocks Now
Ben Inker says the firm is selling its "beloved" U.S. stocks; Jeremy Grantham says the Saudis will regret not cutting oil production.
Roubini, O’Neill: Oil Prices Will Rise Again Soon
The global economists disagree, though, on where oil prices will end the year.