Weekly Perspective – June 30, 2014

The Markets Last week, the U.S. Department of Commerce delivered news that was about as welcome as a report of a great white shark sighting off a popular beach during the Fourth of July holiday. The Commerce Department’s third revision of its estimate for economic...
The Long-Term Affect of Low Interest Rates

The Long-Term Affect of Low Interest Rates

How Have Low Interest Rates Affected Economies, Governments, And Individuals During The Past Few Years? Late last year, McKinsey & Company released a report that took a closer look at “the distributional affects and risks” of quantitative easing (QE)...

Is There a Bubble in the Bond Market? June 18, 2012

IS THERE A BUBBLE IN THE BOND MARKET? As you know, interest rates are near record lows and that hurts savers who were used to receiving relatively high and mostly risk-free income on their savings. For example, back in 2007, 10-year Treasuries yielded about 5 percent,...

Don’t Get Caught Up in the Day-toDay Noise, February 27, 2012

DON’T GET CAUGHT UP IN THE DAY-TO-DAY NOISE Investors tend to get caught up in the day-to-day noise of the financial markets even though the markets often move in long secular cycles that can last more than a decade. For example, let’s look at interest...

Weekly Perspective, September 26, 2011

The Markets The Federal Reserve did “The Twist,”but the financial markets ended up in “A Knot.” In a much anticipated action dubbed “Operation Twist,” the Federal Reserve announced last week it would reshuffle its balance sheet by...