Last week, we started thinking about what the long run really means for investors. It was a decent first cut, but the graphs I used to illustrate my point were not as useful as I had hoped. Today we’ll take a more numerical look at the argument.
February 22, 2017
Last week, we started thinking about what the long run really means for investors. It was a decent first cut, but the graphs I used to illustrate my point were not as useful as I had hoped. Today we’ll take a more numerical look at the argument.
February 21, 2017
Last week’s flurry of economic data was generally positive, either coming in surprisingly strong or much better than it looked. Both rising prices and faster consumer spending growth reflected an improving economy.
February 17, 2017
As I wrote earlier this week, for investors, the difference between the short term and the long term is not as obvious as it would seem. Where does one end and the other begin?
February 16, 2017
I spend most of my time thinking about economics and the economy, but over the past several years, that has increasingly included a healthy side helping of politics.
February 15, 2017
“Those who cannot remember the past are condemned to repeat it.” — George Santayana
February 14, 2017
In honor of Valentine’s Day, I was going to write about how much I love the stock market. The more I thought about it, though, I realized that “It’s Complicated” is a more accurate description of our relationship. I do love the market, but we have issues.
February 13, 2017
Last week was light on economic data, and what news there was didn’t really move the needle. The recovery continues but at a slow pace, with improvements in sentiment moderating even as the fundamentals continue to get better.
February 10, 2017
What's behind the ongoing rally in the stock market? I appeared on CNBC’s Power Lunch this afternoon, explaining why I think equities are responding to fundamentals and growing consumer confidence, not, as some would suggest, to President Trump and his policies.
February 10, 2017
One of the emerging issues I see many investors grappling with is the short term/long term dichotomy.
February 9, 2017
Economic questions come in cycles. Recently, with the relatively hawkish tone of the Fed and the turmoil in Washington, DC, economic worries have spiked again, and the velocity of money has become a hot topic.
