Crossing the Line
I have written at length both on Youngresearch.com and in Young Research’s Global Investment Strategy about why another round of money printing by the...
Municipal Bonds Plummeting
Muni bonds are cratering. The iShares National Municipal Fund is down more than 5% since the beginning of November. Rising long-term interest rates, a...
Senator Bob Corker on the Fed
This is a giant leap in the right direction. The Fed’s dual mandate is harmful to the long-run stability of the U.S. economy. Monetary...
Stock Market Bulls on Shaky Ground
The chorus of bullish stock-market pundits on CNBC has become deafening in recent months. The justification for buying stocks that I hear most often...
Gold is at $1,400
Don't tell me there is no inflation, the price of gold has topped $1,400/ounce. The Dow Jones Industrials are up year-to-date and over the...
Sky-High Silver
Silver prices have gone parabolic. The metal is up almost 60% since August. If history is any guide, this isn’t going to end well.
Selected Quotes from the Myth of the Rational Market
I recently finished reading The Myth of the Rational Market by Justin Fox. The book is a chronological history of modern economic and financial...
Could Bernanke’s Inflation Plan Backfire?
The Fed officially announced a second round of money printing this week. The central bank plans to buy $600 billion worth of Treasury securities...
Wilmington Trust “Take-under”
The $10 billion, Delaware-based Wilmington Trust was acquired this week in a “take-under” by M&T bank. The take-under was announced the same day that...
The Takeaway from Buffett’s Decision to hire Todd A. Combs
This week, Berkshire Hathaway announced that Todd A. Combs would be joining Berkshire as an investment manager and likely successor to Warren Buffett in...