I've been trying to put my arms around the financial events of the past two weeks. Clearly the employment picture in the United States is deteriorating. It is more of a “slow leak” than falling off a cliff, since there…
The market has been fast all week, meaning that just as soon as you write finish writing something the market changes and what you wrote seems dated. Suffice it to say that the volatility has been surprising in light of…
Here is a short comment on the markets, because what I really want to do is comment on funds: The global economy is slowing down. We all know this, and it is well factored into stock prices. Europe has some…
I wanted to do a quick update before I head to Chicago for the Morningstar Conference. I will post a longer report with my thoughts on the conference next week in which I’ll concentrate on individual funds. Here is what…
A few thoughts: 1. Forecasting the markets near term path is difficult under any circumstances. That said, when the Federal Reserve maintains an easy monetary policy and the economy is growing at a 2-4% pace (in other words, sustainable), history…