Archive - September 2013

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Markets

Back to the Basics

As Americans’ representatives fight over our country’s debt ceiling, individual consumers have lowered theirs. Ever since the Great Recession pushed many against a wall, a back-to-basics style of personal financial

Purchasing Power

Building Our Debtor’s Prison

Sometimes I want to take a baseball bat to the television. What’s presented as news and analysis can often be garbage… or worse. The other day on Bloomberg TV Tom

Markets

The Report of My Death Was an Exaggeration

In June of 1897 an American named Clemens was lying ill in London. As his sickness progressed, many people were certain he would die. The New York Journal prematurely reported

Bonds

Bonds Heading Higher

I wrote about interest rates two weeks ago, saying: “After hitting the oversold level three separate times, the Relative Strength Index (RSI) on 30-year bonds is now trending higher. At

Economy

China is a Disaster Waiting to Happen

Now mainstream economists are hailing China’s growth model as the new model of state-driven capitalism. After all, China’s economy has urbanized faster than any emerging country in history and has

Markets

A Nice Girl

“When you’re courting a nice girl an hour seems like a second. When you sit on a red-hot cinder a second seems like an hour. That’s relativity.” ~Albert Einstein The

Economy

An Opportunity to Shine

In the mid-1930s President Franklin D. Roosevelt signed the Wagner Act that allowed collective bargaining in industry. The forces of the Industrial Revolution and the Great Depression combined to make

Markets

Not Invited to the After-Party?

While unprecedented central bank stimulus is distorting markets around the world, there’s no easy solution in simply “following the Fed.” The problem is threefold. First, there are theoretical relationships that

Markets

The Grass Isn’t Greener

Demographic factors have the tendency to create meaningful, long-term investment opportunities. The exact opposite of day-trading strategies, global macro strategies seek to profit from lasting differences between the performance of

Purchasing Power

Leftover Women and Their Demographic Impact on These Economies

China will be the first emerging country to see its demographic spending trends slow, as a result of its infamous one-child policy, which dates back to the 1970s. Back then,