…highly volatile commodity prices and since everyone knows that they can get their teeth kicked in like this year, they tend to trade at lower multiples than other sectors. The…
…me to fiction number one, that market prices are always right. That’s impossible and there are dozens of examples where that isn’t true – in fact, there’s a whole segment…
…and what the spillover effects may be in the developed markets. Earlier this week, for example, the International Monetary Fund (IMF) cut their global growth estimates by -0.4 percent to…
…Unfortunately, I wrote that article before our current website, so it isn’t online, but I thought about that in a meeting today. We were visited by representatives from Dimensional Fund…
…while the value of the underlying securities only dropped by six percent. Losing six percent is bad enough, but the market dysfunction magnified the loss by six fold for a…
…the way these now former-business owners identify themselves will change. The Acropolis Business Liquidity for Entrepreneurs (ABLE) program keeps you in control of the changes and opportunities that come with…
…smart, fair and thoughtful – important traits for an economist. Mr. Emmons started with the idea that recessions come in three different varieties. First, the economy can become ‘over-extended’ and…
…spoke at an Economic Club event. Knowing that his communications the day before had failed, he amped up his message to include dovish comments like ‘there is no particular limit…
…are worth more than the combined entity. In theory, you could buy the company for $31 billion, sell the stakes in Yahoo Japan and Alibaba for $40.5 billion, pay 35…
…give more to another few places that we really care about. When tax time comes, I’ll be a lot happier with one report that with just two (what came in…
