Economy and Investing

We haven’t failed to notice the stock market declines of the past few days, universally attributed to Fed Chairman Ben Bernanke’s suggestion that the end of extraordinary Federal Reserve action to boost the economy may be in sight. We think this reaction, if indeed it…

Topics: Economy and Investing

While sitting amid the scattered pages of the Sunday paper the other day, leafing through the magazine section, we came upon a full page ad placed by BNY Mellon Wealth Management that offered the following opinion: The only investors staying the course are those with a broken compass. This ad is part...
Topics: Economy and Investing

David Stockman, former Republican congressman and former budget director under Ronald Reagan, wrote an inflammatory op-ed piece in the New York Times a week ago Sunday (State-Wrecked: The Corruption of Capitalism in America) in which he declared “this latest Wall Street bubble, inflated by an egregious flood…

Topics: Economy and Investing

New Blended Benchmark We’ve added a new blended benchmark to our monthly portfolio performance reports that we thought you’d like to hear about.  Beginning with the current batch of reports posted a few days ago, a new blended benchmark appears in several places. First, the…

Topics: Economy and Investing