Fee-Only Financial Planning in North Carolina

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Monthly Archives: May 2012

Short Economic Stories May 26 2012

  The anticipated bounce in risk assets happened within a few days of when the mini greedometer suggested it would. The trouble is, the bounce is not in the right place to have sustainability. Per my note in the private client letter last week, there was 1 year in the last 40 that saw a bounce in mid May continue into and through July […] Read the rest of this entry »

Short Economic Stories May 19 2012

  What happens if the VIX spikes, profit margins drop, and the S&P500 adjusted P/E drops? Find out. Try the interactive greedometer here. Please tell your friends. The more people understand the mechanics behind the view that the economy is about to contract like it did in 2008 – 2009, the more they’ll take defensive action. (Paradox of thrift be dammed! Let someone else […] Read the rest of this entry »

Please don’t ‘like’ me. But please don’t not like me either.

  On this eve of the greatest IPO in history (Facebook), I have this to say…. I recently read an article by a US securities compliance lawyer about the perils exposed to investment advisors via social media websites. The upshot from the article (my understanding at least) was that investment advisors should try to ensure no one ‘likes’ them on Facebook because it may […] Read the rest of this entry »

Bounce (in risk assets), where art thou?

  What a day. Greece is front and center as fears of imminent melt-down spread. Of far more import than Greece is Spain. The price of Spanish Treasuries is plummeting with the rising yield. What about all those Spanish banks that used cheap LTRO money to buy Spanish sovereign bonds?  There’s a good chance those banks would be insolvent if they had to mark […] Read the rest of this entry »

Time for a bounce

Ever mindful of the feedback I receive from family and friends, I was prompted and am compelled to write something positive (for a change).     Risk assets (common stocks, REITS, junk bonds) are over-sold on a short term basis. It’s time for a bounce back. OK, it will likely be short lived, but hey, I’m writing something positive. Here’s something else that’s positive. If […] Read the rest of this entry »

The Top was in April.

  (Important) Housekeeping comments: 1. We’re approaching the date when we will combine 2 weekly email letters into 1. The new letter will contain a very brief summary and website link to facilitate login and access to the entire letter (economic news and data, analysis, the greedometers, and details on the specific investments we plan to buy / sell.) 2. An interactive greedometer gauge […] Read the rest of this entry »