What if Summers had Become Fed Chairman?

What just happened would not have happened. The Fed, which is charged with regulating banks, just told Citigroup they needed to be more stable before shelling out money to shareholders.

This never would have happened had Larry Summers become chairman of the Federal Reserve. There is absolutely no way he would have signed off on tougher requirements for Citigroup. Let’s all breath another sigh of ...

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Do Investments Have Fashion Appeal?

Unfortunately, this is the way too many investments are sold.

Investment banks are always trying to figure out what will be most appealing to their customers. In most businesses, this can and should be business as usual. But with investments, it has to be different. Why? Today’s fashionable investments may not be what is likely to provide the best risk-return trade off in the future.

It is the investment advisor’s job to help clients sift through what ...

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Crimea and Putin Drag On

Didn’t I say that you can’t predict the market if you can’t predict what effects the market?

I haven’t written anything on the Crimea yet. In the end it will probably pass and be quickly forgotten. Remember the Japan earthquake and the impact it had on the markets?

Crimea provides a great example of the unpredictability of the markets. Can anyone predict what Putin will do? Sometimes he acts like a world leader. Sometimes he acts like ...

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You Can’t Predict…..

the weather, so how would you ever hope to predict the stock market.

Reports are now coming out that the extreme cold weather in most of the nation this winter had a noticeable impact on the economy.

I am amazed at all of the things we naturally accept are unpredictable (weather, lifespans, wars, elections, etc.)……but then assume the stock market, which is affected by these events, ...

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