Well That Would Be Surprising

*NOTE: In the next several weeks, I’ll be hitting the road doing meetings with financial advisors all over the country.  If you happen to work in Miami, Atlanta, South Carolina, Portland, San Francisco, Colorado, Cleveland, or Dallas, email us at and let us know. “I’ve been around a long time, and life still has […]

Decline, Round 2?

“Don’t avoid extremes, and don’t choose any one extreme. Remain available to both the polarities – that is the art, the secret of balancing.” – Rajneesh Stocks have had one helluva move off the of the lows last year, and there’s growing nervousness around whether another leg lower is coming.  There is no question it […]

Are We in the Shortest Recession Ever?

  • Equities
  • Michael Gayed

“I’m not afraid of storms, for I’m learning how to sail my ship.” – Louisa May Alcott We’re in a recession!  Things are about to get ugly!  Hold on! No seriously.  Hold on.  For all of the rhetoric around a recession that is either coming or already happening, it’s worth taking a step back, taking […]

  • Posted in Equities
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“Start every day off with a smile and get it over with.” – W. C. Fields It’s good to know markets can actually move in more than one direction, isn’t it? Last year, for lack of a better way of saying it, simply sucked. The three major declines of February, October, and December were incredibly […]

  • Posted in Markets
  • Comments Off on Government Shutdown: Melt-Up Or Sucker’s Rally?

Lions and Tigers and Yield Curve Inversions

There are few things investors fear more than an inverted yield curve. Why? 2 reasons… The last 9 recessions in the U.S. were all preceded by an inverted curve (1-yr yield higher than 10-yr yield). Data Sources for all charts/tables herein: FRED, Bloomberg. 2. Weaker stock market returns tend to follow flat/inverted curves. Note: yield curve range is […]

  • Posted in Bonds, Economy
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