…reasonable range around the average (one standard deviation) in the dotted orange lines. What you can see from looking at this chart is that current valuation is right around the…
…the Q&A, reporters asked for clarification on what ‘considerable time’ is and she stumbled around a little verbally and ultimately said ‘something on the order of six months.’ Until that…
…have major consequences. The name Black Swan comes from the ‘discovery’ of a black swan in Australia by a Dutch explorer. Up until that point, only white swans had been…
…of most people’s mind, they know that extra yield comes with additional risk. As we frequently say, risk and return go hand in hand and there are no free lunches…
…the talk about the precise timing of ‘lift-off’ makes me wonder what the level of interest rates is that we could actually sustain. I mean, if we’re arguing this much…
…is 1.06. The market forecast based on forward prices (a form of derivative) suggests a year-end price of 1.17. It seems inevitable that 2015 will be another year of surprises.…
…were short Swiss francs were wiped out. If a customer goes under, the firm is on the hook and if too many clients fail, then the firm can go under,…
…women are confronted with different circumstances that can require specialized financial planning, ultimately the solutions are gender neutral: save more, spend less, work longer, diversify and minimize costs and taxes.…
…market currencies and stock prices. An average of 15 emerging market currencies is down about 10 percent so far this year while countries with large commodity exposure are suffering even…
…most recently. When I picked the colors for this chart, I intentionally kept most of the asset classes in cool colors of greens, blues and gray. The two warm colors,…
