Category Archives for "Economic Commentary"

Barron’s Highlights In Less Than 2-Minutes

barron's jan 2 2017

Highlights from Barron’s newspaper dated January 2, 2017.  See online edition here ($) Background For the serious investor, Barron’s weekly newspaper is the single best financial publication out there. It is comprehensive, inexpensive, and focused on a single topic: the financial markets. Each issue is loaded with specific investment ideas. These ideas can come from […]

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Barron’s Highlights In Less Than 2-Minutes

barrrons 12-12-16

Highlights from Barron’s newspaper dated December 12, 2016.  See online edition here ($) Background For the serious investor, Barron’s weekly newspaper is the single best financial publication out there. It is comprehensive, inexpensive, and focused on a single topic: the financial markets. Each issue is loaded with specific investment ideas. These ideas can come from […]

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A New Economic Boom, or Just More Crony Capitalism?

crumbling infrastructure

According to The Economist newspaper, there are three main reasons to doubt that the Trump administration will be able to deliver on his promise to create a new economic boom. First, Republicans in Congress are stingy when it comes to big spending bills, especially when they are not offset with budget cuts elsewhere. The regime […]

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Early Winners & Losers in the First Month of Trump

Barron's cover

What can the early winners and losers in the stock market tell us about the possible impact of a Trump administration on businesses and the economy in 2017? There are some clear patterns emerging in the price action of certain sectors and subsectors of the market. There are some clear winners and losers. It’s too […]

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What a Trump Presidency Might Mean for the Stock Market

eisenhower stock market

Every four years, investors try to anticipate what the outcome of the presidential race will mean for the stock market and their portfolios. This topic is contentious and infused with partisan bias. I’ll provide some useful context for those heated discussions, for your investment plans, or for casual cocktail party fodder. The question at hand […]

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Stock Market Crash – Did $3 Trillion Really Just Disappear?

It didn’t disappear. It was never there to begin with. Brexit is the biggest economic news story since the global financial crisis in 2008, and news outlets are competing for clicks and eyeballs. One way to stand out is to make scary but dubious claims that investors have “lost” $3 Trillion dollars in the last […]

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A Profile of the Investment Adviser Profession

Advice

Here are some of the highlights from a report titled “A Profile of the Investment Adviser Profession in 2015”. The report was jointly published by The Investment Adviser Association and National Regulatory Services There are 11,473 firms in the Investment Advisory business. They employ 750,000 people. They serve 30 million clients. They have $66 trillion […]

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May 2016 Stock Market Outlook

retirement fund

Stock market outlook The bull market in US stocks appears to be intact. We expect corporate earnings to turn positive as economic growth slowly improves and the twin headwinds of energy sector losses and the strong dollar continue to recede into the background. But we also think that market gains will be constrained by already-high […]

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Key stock-market indicators flash yellow

traffic light - yellow

Capital markets everywhere continue to struggle with growth-killing headwinds. You know, the usual suspects — China, commodities, energy, junk bonds — all showing persistent weakness. Negative interest rates on government bonds in some countries. Gold is one of the few bright spots, but it can’t lift the global economy all by itself. Oil has rallied […]

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