Housing Starts Surprise: Will Higher Rates End the Party?
Housing starts in America totaled 1.135 million in April. That's higher than the analyst consensus of 1.025 million that had been projected. The question is,...
Sell in May Go Away?
You can learn a thing or two from history. For one, it happened, it’s a fact, and 2) not many people predicted it correctly.
In...
The Monday Melee: Carl Icahn and Apple
Icahn vs. Cook
Today Carl Icahn and his Icahn Capital LP wrote a letter urging Apple CEO Tim Cook to buyback more AAPL shares (below)....
Good Morning from Newport, RI
If you live in New England, or are visiting, there’s plenty of reasons to come visit Newport, RI. This weekend was buzzin’ from the...
Spring Still Not Here for the Economy
The early economic data for the second quarter is beginning to come in and it doesn’t look promising so far. Industrial Production data was...
$100 Million Room with a View, or Not
You just gotta love the obnoxious real estate prices in Manhattan. Vornado Realty Trust’s 220 Central Park South has already secured $1.1 billion, or...
Vanguard GNMA Outlook 2015
What is the outlook for mortgage backed securities and in particular GNMA Mortgage Backed Securities?
“The Moment” I Lost Money
If you’re over 50 and lived in or around the Boston area during the 70s then you know the moment. 45 year’s ago, Mother’s...
Yellen Takes Blame for “Quite High Equity Valuations”
Fed Chair Janet Yellen apparently roiled markets earlier this week when she said that equity valuations were generally quite high, but added that they...
Bond Bubble
I've been hearing, and reading a lot, and I mean a lot, about the bond bubble. But you know what? I’m not concerned in...