A Market Indicator That Predicts Nothing Its predictive value is minimal. Bloomberg, April 29, 2015 Every now and...
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How a Bubble Steals From the Future It can take years to recover from the frenzy. Bloomberg, April 24, 2015 ...
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Looking for the Bear in the Bull Market It isn’t always easy to tell when we’re in a short-term cyclical stock market or...
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I want to address the addition of Apple to the Dow Jones Industrial Average, so we have to get a few things out of the way up front. The...
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Fed Gives Cover to Bumbling Congress By helping to prevent a depression after the financial crisis, the Federal Reserve gave the...
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You’re Smart, But You Can’t Forecast The idea that every investment decision reflects a forecast about the future is flawed....
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Breaking With Bogle John Bogle’s investing philosophy needs some updating to reflect new findings. Bloomberg, January 30, 2015...
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The Shame of America’s Rotting Roads With gas prices falling, now is the time to raise the federal fuel tax to pay for improving...
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How to Read the Monthly Jobs Report Watch the trend in the monthly jobs report, not the number in any one month. Bloomberg, December 5,...
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Retailing’s Black Friday Hoax Forecasts for large increases in holiday retail sales, designed to get consumers into stores, are...
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