-
May 4 2015May Newsletter-Has the low-hanging fruit been picked?
Each year I attend the annual conference of the Investment Management Consultants Association (IMCA), a group made up of some the brightest Investment professionals in the country. Collectively, IMCA members advise a broad cross section of investors, from the largest pension plans and ultra-high net worth individuals to Millennials and Gen X’rs who are just Read more ➝
Apr 30 2015Case-Shiller: Home prices continue steady march upwardThis week the Los Angeles Times reported that home prices continue to rise here in Southern California and elsewhere in the Nation. Denver and San Francisco lead the pack with 10% and 9.8% year-over-year growth rates. The LA metro area came in at 5.8%. This bodes well for the overall US Economy since housing prices Read more ➝
Apr 1 2015April Newsletter: Do you really need a Financial Advisor?In February of 1993, I started as a green horn financial advisor with Shearson Lehman Brother’s (later to become Smith Barney, the firm that “made money the old fashioned way, they earned it.”) It was a great time to get started because Wall Street had figured out that people were sick of dealing with “Stock Read more ➝
Mar 22 2015Home Sales On The RiseShare prices of Home Builder KB Homes soared 8% after a better than expected earnings report. Chief Executive Jeffrey Mezger said there was more demand from would-be home buyers in the first quarter than a year earlier. The company sold nearly 20% more homes in California last quarter, at an average price of $550,600 — Read more ➝
Mar 19 2015Now may be the time to rethink international allocationsDeutsche Bank’s Foreign Exchange (FX) team forecasts that the U.S. dollar will continue to appreciate against other major currencies through 2017. As this occurs, U.S. investors with international allocations may continue to see their returns eroded by the currency effect. In their white paper on the subject, they make a strong case for a long term cyclical Read more ➝
Mar 19 20157 Reasons Oil Prices Will Continue to TumbleAs reported by Oxford World Financial Digest: Fortune magazine has run an engaging and enlightening article, written by market analysts, which argues that there are seven signs why oil prices will continue to drop. The first reason is that the world is flooded with oil. US production is near a thirty-two year high at near Read more ➝
Mar 4 2015Netanyahu’s Speech Before CongressRegardless of your political stripes, this is a speech is worth watching. It lays out the current state of affairs in the the Middle East in all its complexity and describes the risk of not getting the policies right in the region. As much as many of us in the US would like to divorce Read more ➝
Feb 23 2015The American Economy Is On A RollAmerica’s economy is on a roll. Don’t believe me, take a moment to read the Roar Eagle Roar issue of Bloomberg, including the article, America The Relatively Beautiful CLICK HERE. Among other things the article states, “The U.S. economy has generated jobs at a pace of a quarter million per month over the past year”, Read more ➝
Feb 23 2015Fed Considers Rate Hike, Minutes ShowMinutes from the most recent Federal Reserve Open Market committee meeting indicate that policymakers are optimistic about the economy but are concerned about a premature departure from their accommodative monetary out of fear that doing so might stifle the economy’s current growth trajectory. With regard to monetary policy their minutes state, “In their discussion of Read more ➝
