Writing my last few posts, about the real possibility of lower returns over the next few years, I got to thinking about how financial advisors add value—and how a skilled advisor can really help investors advance toward their financial goals.
July 29, 2016
Writing my last few posts, about the real possibility of lower returns over the next few years, I got to thinking about how financial advisors add value—and how a skilled advisor can really help investors advance toward their financial goals.
July 28, 2016
The past two days, we’ve considered the likelihood that future returns for bonds and stocks will be disappointing.
Now, we get to the punch line: what does this mean for our own investments? And is there anything we can do about it?
July 27, 2016
Yesterday we talked about future bond returns, noting that while bonds have done very well over the past several decades, current conditions suggest their returns over the next 10 years could be significantly lower. Today, we’ll focus on stocks, making the same distinction between returns from income and returns from capital gains.
July 26, 2016
You’re probably familiar with the standard investment disclaimer “Past performance is no guarantee of future results.” In other words, just because something worked in the past is no reason to assume it will work in the future. This is true: asset classes, in particular, tend to outperform and underperform in regular cycles.
July 25, 2016
Last week’s data came in above expectations, marking the fourth straight week of good news on the economy. Housing starts and sales grew and the industry remained confident, despite some signs of stabilization in the sector.
July 22, 2016
It’s been almost a year since I last wrote about investment bubbles. Although there have been ample grounds for discussing the topic, I suspect that other events have seemed more pressing.
July 21, 2016
A couple of months ago, I wrote that the student debt problem isn’t as bad as it looks on the surface. I recently found a more up-to-date take on the subject from the White House, which came to the same conclusion.
July 20, 2016
Now that both parties have nailed down their presidential nominees, it’s time to take a quick look at politics and how it may affect the economy and markets this year. As usual, we’ll focus on the policies that the two candidates have offered and their likely consequences.
July 19, 2016
The last couple of weeks have been tough. Between the multiple tragedies in the U.S., the attempted coup in Turkey, Britain’s decision to exit the European Union, and the subsequent change of government there, it’s been difficult to keep an even keel.
July 18, 2016
Yet again, the economy surprised us with good news last week. U.S. consumers went shopping, driving retail sales numbers higher. At the same time, both industrial production and manufacturing beat expectations and moved back to growth.
Episode 14
December 17, 2025
Episode 13
November 19, 2025
Episode 12
October 14, 2025
Episode 11
September 10, 2025
Episode 10
August 13, 2025
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