Chinese Depression? Hypocritical Blame?

This downturn in China could conceivably be a start of a major depression in that country.

I don’t expect this to be the case, but it is a remote possibility.

Does this mean the way the Chinese have been managing their economic growth has been a disaster?

Let’s not start calling “failure” so soon. A lot of the criticism I see of China is hypocritical. The US economy went through incredible gyrations during the “American Century,” including our ...

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Volatility Up…Hold On

Being able to hold on to your investments over the next several years will be an important strategy.

Friday was a hard day in the stock market with the S&P 500 down more than 3%. I would not necessarily say that August 21st was the “official start” of any particular phenomenon, but I do believe volatility in the stock market, and for that matter virtually all capital markets, will increase and remain high for many years.

Doesn’t ...

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