Monthly Archives: June, 2014
Good Morning from Castle Hill
Downtown Newport is buzzing as sailors prepare for today's Newport to Bermuda race. I walked down to the docks at lunchtime yesterday to check-out the...
Catalyst for a New High
The S&P 500 closed at yet another new high yesterday. The market was flat until about 2:00 pm. What was the catalyst that drove...
Fed Misses Again
Yesterday would have been a perfect opportunity for Fed President Janet Yellen to set a hawkish tone on inflation. Instead, as you can see...
401(k) Nightmare: Part I
Twenty years ago, after graduating from Babson College with a finance/investments degree, I spent the summer backpacking through Europe. In the winter I worked as...
Risk and Iraqi Banking
Thinking about risk is often difficult. Small persistent risks often take a backseat to catastrophic risks that are easier to conceptualize. Skiing is a...