Fee-Only Financial Planning in North Carolina

Contact Us at: (919) 228-6312

Monthly Archives: January 2013

My Jeremy Siegel rant

  Every now and then the limit of my tolerance for misplaced optimism (what I see as a conspiracy of optimism) is met. This afternoon was one of those times.  Professor Jeremy Siegel -renowned economist- was on CNBC claiming the Dow will definitely  top 15,000 this year.  3% GDP growth in 2013 — in what world could this have a snowball’s chance in hell […] Read the rest of this entry »

Get blog posts automatically

You may automatically receive blog postings if you’re using an RSS reader. There are many free RSS readers available. Once you have one installed, click on the orange button on the blog page to configure how you’d like to receive TWM blog postings.

Greedometer Newsletter is posted

This week’s Greedometer Newsletter has been posted. If you are not a paid Greedometer Newsletter subscriber or asset management client, you may view the top section for free. Click on this link, then click on Greedometer Newsletter on the left side of the page.  

The QE anchors are being dragged

The two anchors -QE3 & QE4- have been deployed to stop / slow another economic slowdown and stock market crash. Yet the Greedometers are acting as they’ve only done prior to a stock market collapse.  So it appears the QE3 & QE4 anchors are being dragged / they will not be sufficient to stop the collapse this time.  This supports my long-held assertion that […] Read the rest of this entry »

The third time’s the charm

What do these points in time have in common: summer and fall 2000 summer and fall 2007 winter, and probably spring 2013? Answer:  Retail investors were heavily buying risk assets (stocks etc) while corporate insiders were heavily selling. Actually I can list a few more: the VIX was hitting multi-year lows (fear takes a vacation) the OEX put/call ratio was exceptionally high (hedgies loading […] Read the rest of this entry »

Advisor Sentiment on the edge

A few days ago I posted a blog entry (link here) suggesting last week’s advisor sentiment reading would be in the 2.6-2.75 range (bulls/bears).  The data just came out (for last week).  I was close: Bulls/Bears = 2.43.  This is a very high reading, but not extreme. On a near term basis, the S&P500 is overbought, and the odds favor a small pullback and some […] Read the rest of this entry »

QE continues to “help” the economy

It is widely understood that the Fed has been doing the heavy lifting to keep the U.S. economy on life support over the past 5 years. Quantitative Easing (QE) and Operation Twist (OT) have been key monetary policy tools. Interestingly, from the point where there’s a whiff of more Fed help to the point where it is near ending, US Treasury yields rise – […] Read the rest of this entry »

Thanks for the web traffic

Last week was the website’s busiest week ever. Several blog postings over the past 2 weeks have generated a great deal of traffic. Twitter seems to have played a role.  I wish to thank all of you that have contributed to spreading the news. I find it gratifying that last week saw more than twice the traffic seen during the week I paid for […] Read the rest of this entry »

Get the book for free

In attempting to find effective and affordable ways to market the up-coming book, I’ve come up with these three offers to allow people to obtain the e-book for free! 1) Write a favorable comment on three recent blog postings. OR   2)   Twitter. Re-tweet three of my tweets and use the two hashtags #Greedometer, #stockmarketcrash2013. OR   3)   TED Talk.    Suggest me […] Read the rest of this entry »

New Videos are coming

Hello Greedometer followers. I’ve been working on videos for the e-book.  I plan to have a short video (5 minutes or less) describing the Greedometer and mini Greedometer as it tracked through the previous 6 sequences.  Some of them will be posted on the website.