Category: General Investment

Opinions & Reality

Everyone has heard the term “Put your money where your mouth is”, often times in bar room banter when coaxing someone to back up their statements or opinions by putting some cash on the line.  Schwab Chief Investment Strategist Liz Ann Sonders released a note this week with research showing that consumers are “saying” they […]

2017 Forecasts

The abundance of market forecasts for the new year are before us once again. The following quotes might be useful to inoculate ourselves from those who seem to know how the market will play out this year. “We’ve long felt that the only value of stock forecasters is to make fortune tellers look good.”  Warren […]

Interest Rates & Critical Levels

Treasury yields have soared following the surprising election of Donald Trump as President of the United States.  Theories abound regarding the causes and consequences of the move, but as always it is good practice to step back and take a look at the big picture. Veteran technical analyst Louise Yamada, in a CNBC interview, looked […]

Sleep On It

One interesting aspect of stock market trading is the “Wild West” — the so-called “after-hours” or overnight market.  After-hours sessions almost always have less liquidity and far fewer participants than the day session, which means prices spike up and down much more violently, orders receive poor executions (“fills”), and overall trading can be more costly. […]

Home Ownership

This speaks to the difficult situation face by renters who would like to buy a home. Home ownership rates have been on a steady decline and are now near a 48-year low (see the chart below).  Adding to the difficult situation is that real household incomes have dropped 9% while rents have increased 7% over […]

Yield on 30-Year Treasury Bonds

The chart below shows the yield on 30-year Treasury Bonds from 1982 to July, 2016 – a decline of almost 86%.  In 1982, a 30-year Treasury Bond would yield over 15%.  Today, the 30-year Treasury yield is 2.1%. In 1982, one could plan their retirement using what is considered to be the most secure source of […]