Connecticut’s Pension Ranks #48
You read that right. Connecticut’s funding of its pension obligations ranks #48 in the country only to be outdone by Kentucky and Illinois.
Connecticut, with...
Germany Stumbles
Today Germany reported disappointing numbers for August industrial production, following yesterday’s report for new orders which also lacked encouragement. The reports may signal a...
Bernanke Courage?
Former Federal Reserve Chairman Ben Bernanke is promoting his new book, The Courage to Act: A Memoir of a Crisis and Its Aftermath, writing...
Wall Street does it Again
We have written on this blog in the past that the monthly jobs report is very likely the most overrated economic statistic known to...
The Thing about Bubbles
The thing about asset bubbles is you never know what will cause them to pop or when they will pop. Valuations can tell you...
Retirement: A Magical Find
One of the best things about retirement is being able to do the things you want to do. One of my clients spends his...
The 4 Most Dangerous Words in Investing
This time is different or so says Adam Parker, Morgan Stanley’s Chief U.S. Equity Strategist in missive earlier this week. What is different? Here...
Monday Melee: Cash Is King
The U.S. corporate-bond market is starting to flash caution signals about the broader economy.
Did Yellen Save the Stock Market?
Janet Yellen gave a speech yesterday at UMass Amherst titled Inflation Dynamics and Monetary Policy. Yellen was a bit more hawkish on monetary policy...
AOK with Vanguard GNMA
You can take comfort in knowing you’re AOK with Vanguard GNMA. Pay no attention to the doomsayers calling for the bursting of the bond...