These days it seems market commentary is filled with more conflict than consensus. Even the most grizzled market veterans acknowledge that these are the most challenging market conditions they’ve ever faced. I suppose it makes sense then, that some of the most knowledgeable and experienced experts on the street are presenting coherent but completely disparate… Continue Reading
Tag Archives: bonds
Bulls vs. Bears: Does the Economy Matter?
I haven’t written a Bulls vs. Bears post in a while. Given the tremendous stock market run from the end of last year through the end of the first quarter of this year, it seems like a good time to assess the current position of the markets. I recently read two articles which, on the… Continue Reading
Yes, You Can Live Without Bonds
The conventional view serves to protect us from the painful job of thinking. ~J.K. Galbraith A recent article in the Globe and Mail delivered the following advice to investors: Don’t Let a Fear of Bonds Infect Your Healthy Portfolio. The implications are clear: 1. Concerns about ultra-low interest rates eventually turning higher are overblown. 2.… Continue Reading
5 Year Market Outlook: Felix Zulauf
Prosperity is a great teacher; adversity is a greater. ~William Hazlitt If you believe the opening quote, we are in for some great lessons – at least according to Felix Zulauf of Zulauf Asset Management in Switzerland. The transcript of a recent interview with him was published by McAlvany Weekly Commentary. It is optimistically entitled… Continue Reading
What’s Next for the Markets?
Give a man a fish and he will eat for a day. Teach a man to fish and he will eat for a lifetime. Teach a man to create an artificial shortage of fish and he will eat steak. ~Jay Leno Today’s quote illustrates why it’s so hard to invest in markets. There are so… Continue Reading
Investing: 3 Walls to Watch
Most of us can read the writing on the wall; we just assume it’s addressed to someone else. ~Ivern Ball Market and economic commentary over the past few months has contained numerous references to walls. Setting aside the irony of the fact that the seat of American capitalism rests on Wall Street, we’ve also heard… Continue Reading
How to Use Valuation-Informed Indexing — Part Two
The following is Part Two of a two-part guest post from Rob Bennett. The first part (How to Use Valuation-Informed Indexing – Part One) was published on Monday. (Schedule Note: I will be taking Friday off, so there won’t be a new post until Monday.) The valuation metric (P/E10 — the price of an index… Continue Reading
How to Use Valuation-Informed Indexing — Part One
The following is Part One of a two-part guest post from Rob Bennett. I asked Rob a couple of questions in a comment the other day and he was kind enough to answer them in the form of these two articles. My thanks to him for taking the time to do this. I found this… Continue Reading