Piping Hot Growth
Four Percent! Can you believe it?
The first estimate of second quarter GDP growth was released this week and it came in at a piping...
The Only Stocks We Buy
You read last week about putting margin of safety to work in your portfolio. I told you about three strategies we use to pick...
The Shocking Truth Behind Falling Treasury Yields
There is an odd dynamic in the bond market that Wall Street can’t seem to figure out. Long-term Treasury yields are falling despite an...
The Investment Idea that made Warren Buffett Billions
Last week E.J. posted part I in his series on Benjamin Graham’s The Intelligent Investor. You may have heard this from us before, but it is...
Who’s the Sucker?
This story doesn't have a happy ending. You see this often in the late stages of a bull market. After missing the bulk of...
The Global Imperative
Check out this chart on oil demand. The black line shows oil consumption of major developed markets. This is basically the U.S., Japan, and...
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...
Birth of a Crisis
In the aftermath of the last financial crisis, the Federal Reserve somehow managed to come away with its reputation mostly intact. Big commercial and...
Are You Saving Enough for Retirement?
A basic rule of thumb in retirement investing is that you should save at least 25X your desired retirement income.
Using the rule of 25,...
Here’s How Not to Invest
In Chasing Yield, Investors Plow Into Riskier Bonds, Tom Lauricella and Katy Burne of The Wall Street Journal highlight the dangers of the current...