Blog Archives

Why Bashing the Banks is Bad for the Economy

Ever since the 2008/9 recession though certainly not for the first time in history, Americans have engaged in vigorous bank bashing, blaming the banks for the recession, and encouraging politicians to fine them, imprison their managers, and constrict their operations … Continue reading

Flat Spot, or Not?

After the latest display of Congressional dysfunction, will the economy flatten out, or not? Evidence is mounting that there won’t be much effect. Chrysler reported that people kept buying trucks – even more trucks than expected in fact. Factory indices … Continue reading

Market Timing as a Response to Congressional Misbehavior

This blog is inspired by recent client comments about the certainty of a market plunge when Congress is unable to avoid a big mess around the upcoming debt ceiling negotiations. The thought, then, is to take money off the table … Continue reading

Not So Happy Any More

Inflection points are notoriously difficult for humans to predict, or even to recognize when the signs are all around you. We won’t claim to be any better than anyone else at this, but we think the signs are turning ominous. … Continue reading

Should I Refinance My Mortgage?

Interest rates have been so low for so long that nearly everyone has refinanced. But there are still some laggards – people who were waiting for home prices to rise or interest rates to fall further, or for their credit … Continue reading