One thing we are NOT worried about today
There are many issues that have investors concerned as we are set to say goodbye to summer, including a flat to partially inverted yield curve, deteriorating US/ China relations, and a slowdown in manufacturing activity in the US and around the world. As we previously…
It feels like Groundhog Day… Bill Murray, trade, tariffs, and the markets
In the film Groundhog Day, Bill Murray plays TV weatherman Phil Connors who, against his wishes, is sent to report on the annual Groundhog Day event in Punxsutawney, Pennsylvania and, while there, relives Groundhog Day again, and again and again with an eye toward his…
Bizarro bonds – guaranteed to lose you money, and not just in a comic strip
Fans of Superman – or Seinfeld – may be familiar with Bizarro World, a cubed planet far out in space that is inhabited by imperfect duplicates of Superman, Lois Lane, and their friends. In a nutshell, on Bizarro – relative to earth – up is…
What did the Fed just do? Why? What comes next?
Last week, the Federal Open Market Committee, the monetary policymaking body of the US Federal Reserve (Fed), met and announced it was lowering the Federal Funds rate by 25 bps (the first interest rate cut in more than 10 years) to a range of 2.0%…
A tomorrow more certain than today?
Suppose I asked you what you would be doing in five minutes. Odds are, you would be able to answer that question with some high degree of certainty. After all, it will probably look a bit like what you are doing at the time you…
There is never a good time to invest
Consider something you’ve always wanted to do but you’ve put off doing because it scares you. In fact, just think of something you’d eventually like to do but haven’t yet, since you may not even be aware of all your reasons for not having embarked on…
“And it’s too late, baby now, it’s too late” (Or is it?)
Carole King may have been lamenting the inevitable end of a long-lived relationship in her classic ballad “It’s too late,” but for worried investors she could have easily been singing about how US monetary and trade policy have conspired to bring an end to the…
Password potato chips
Passwords are like potato chips. You can’t (and shouldn’t) have just one. A new trend is developing in phishing and email extortion tactics. Attackers are including the potential victims’ passwords in the messages sent. This is new. Why would they do this? If you’re the…