Moving Beyond Bitcoin: The Next Step for the Blockchain

February 15, 2019

I have been keeping an eye on bitcoin prices, which are around $3,600 (as of February 14), close to the lowest level in a year. Bitcoin has clearly not run to the sky the way many buyers thought it would. But there are signs that the underlying technology—the blockchain—is starting to make progress in the real world. Bitcoin was not the real story; the technology was. Now, we are starting to see the results.

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Consumers Not Showing the Love This Valentine’s Day

February 14, 2019

This will be a short post, as it has been a long 48 hours. I was on a red-eye flight last night, returning from the Commonwealth Retirement Symposium in Scottsdale. Before that, I was at the Commonwealth Chairman’s Retreat in Palm Beach. So, my brain is not working at peak efficiency!

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Earnings Recession Ahead? Not So Fast

February 13, 2019

We talked yesterday about the possibility of another government shutdown and the effect that could have on both business and consumer confidence. That shutdown looks to be something we will avoid. But now there is another potential confidence buster ahead being talked up in the media: an earnings recession.

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2018: An Economic Review

February 6, 2019

Now that the dust has settled a bit, and we have some (but not all, due to the shutdown) of the year-end data, let’s take a look back at 2018. In many respects, it was a better year than it seemed.

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A Look Back at the Markets in January and Ahead to February 2019

February 5, 2019

After a terrible fourth quarter in the financial markets, we had a sizable bounce in January. Markets were up significantly, both here in the U.S. and around the world, and sentiment seemed to change markedly from pessimism to a new optimism. The question going forward is whether things have really changed that much.

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Will News from the Fed Heat Up the Markets?

January 30, 2019

With the brutally cold weather locking down large parts of the country, the hope today is that the Fed will heat up the markets by both holding rates steady (as expected) and dialing back the liquidation of its balance sheet. Personally, I think investors should be careful what they wish for. If the Fed really does slow the quantitative tightening process, in conjunction with keeping rates steady, it could be a sign of an even colder economy ahead.

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What the Trade War Means to You

January 29, 2019

I found a really interesting chart in my e-mail this morning. I think its implications extend well beyond what it actually shows, and so I thought it worth sharing. The chart is below, but the full version and discussion can be found on howmuch.net.

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Upcoming Appearances

Tune into Yahoo Finance's On The Move on Thursday, February 28, at 12:20 P.M. ET to hear Brad talk about the markets. Watch online here: https://finance.yahoo.com/

Tune into Fox Business' Mornings with Maria on Monday, March 11, at 6 A.M. ET to hear Brad talk about the markets. Check your local listings for availability. 

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