Category: Uncategorized

The global economy and financial markets are about to enter a new world; different from what we have been used to over the past 50 years. It is becoming clear that the new US administration is dead serious about reversing what it sees as US weaknesses: persistent trade deficits, out-of-control government spending, and a sprawling Read More

The questions on the minds of most investors is: When will the stock market bounce? and  Is this the beginning of a more severe downturn? Several blogs ago, I covered the signs and typical archetype of a stock market top. While we are seeing similar characteristics today, the major challenge for active investors is separating a normal Read More

Stock & bond investors miss out on 70% of the diversification available. One of the attractions of trading futures is that the universe of instruments is large and wide. Do you want to trade gold? There is an instrument for that. Oil? Sure. S&P 500? Korean government bonds? The Swiss franc? Oats? Yes, yes, yes, Read More

Recessions are rare events. Since 1990, the US economy spent about 10% of the time in a recession and 90% of the time in a recovery or an expansion. Most of the time, investors don’t have to worry about it. About once every 10 years, however, we better watch out. Recessions trigger bad bear markets, Read More

Following the recent ascent of the Japanese stock market, one is reminded of the risk that a buy and hold strategy may not always prove successful.  As a teenager growing up in the late 1980s, it seemed all but certain that Japan was taking over the world. Japanese investors notably bought Rockefeller Center as well as the Read More