Queue The Forecasts

Queue The Forecasts

It’s That Time Of The Year. No, not the holidays. It’s the time when investors begin to consider pundits’ forecasts for the coming year. Here are a few of those forecasts: “Flat is the new up,” was the catch phrase for Goldman Sachs’ analysts last August, and...

Forecasts and Forecasters Usually Get it Wrong

Forecasts and Forecasters usually get it wrong… …though this NEVER stops them from trying, does it? It seems that no matter how often we experience a market pundit completely punting a forecast, we still really want to believe that someone, somewhere knows what...

2015 Half-Time Report

Jonathan discusses some of the more pressing topics of current market and economic activity in his annual Halftime Report. Fundamentals have not changed (much) since this presentation was given live to clients in late July 2015.  This being said, the volatility that...
When Investing, Be Mindful of ‘Knowledge’ Limitations

When Investing, Be Mindful of ‘Knowledge’ Limitations

Mindfulness and the Limitations of Knowledge in Personal Finance We practice asset allocation, disciplined diversification and rebalancing. We do not buy individual securities looking for the proverbial “pop.” We do not trade. Not that it can’t ever...
Market Forecasts: Whom Do They Benefit?

Market Forecasts: Whom Do They Benefit?

Market Forecasts: Whom Do They Benefit? On the one hand, consider John Kenneth Galbraith’s comment that “the only function of economic forecasting is to make astrology look respectable.” On the other, consider that there are numerous magazines, federal...