“Notable to Elevated”

“Notable to Elevated”

It reads like a warning from Homeland Security.  “Vulnerabilities (to the financial system) associated with asset valuation pressures have edged up from notable to elevated as asset prices remained high or climbed further…”                                      The...
The Year of the Big Fluffy Bun

The Year of the Big Fluffy Bun

The Dow Jones Industrial Average, a collection of 30 well-known stocks, finished 2015 just shy of 17,500. For those who don’t pay particularly close attention to such stock market barometers, you haven’t missed much lately. The Dow also traded at the same level in...
One Man’s Apology

One Man’s Apology

I’ve been in search of lighter material to incorporate into a timely blog post. The stock market’s worst month in three years could not go unmentioned. But I had little interest regurgitating the stream of troubling news that precipitated the decline. Instead, against...
“Too Much Money?”

“Too Much Money?”

“Too much money? There’s no such thing! It’s like a girl too pretty, with too much class, being too lucky, a car too fast.” Daryle Singletary’s 1985 country hit lamented the fact that having 14 people in the back of a pick-up truck drew the attention of local law...
The Dots Come Into Focus

The Dots Come Into Focus

At the conclusion of each Federal Reserve meeting, the seventeen committee participants release the results of their latest poll. Each participant’s opinion as to where interest rates will be in 2015, 2016 and 2017 is represented by a single blue dot on a graph. In...