Monthly Updates

The late Hall of Fame baseball player and manager Yogi Berra was also known for his many quirky quotes. Back in 1985, a sportswriter was describing the performance of golfer Payne Stewart, who had just lost a tournament on the first extra hole, just as he had done the prior year at Colonial. The writer […]

This month, I’m back to being a child of the 70s, and relating some of my musical tastes to what is presently happening in financial markets. This is what happens when one listens to 70s on 7 on Sirius XM Radio. I haven’t been able to get this melody out of my head, so I […]

Last week, the year-over-year change in the Consumer Price Index (CPI) came in at 4.2%, the highest reading in over 10 years. With the Federal Reserve creating/printing seemingly an endless supply of money, financial commentators began to ask “is this the beginning of 1970s inflation again?” We’ll examine the effects of higher inflation on the […]

We’ve come a long way, baby. No, I’m not referring to the 1978 ballad by the same name performed by Loretta Lynn. I’m talking about the Dow Jones Industrial Average, which first crossed the 1,000 level in November 1972. Today, nearly 49 years later, it sits comfortably above 33,000. We’ll touch on the milestones in-between, […]

Years ago a farmer, whose fields stretched along the eastern seaboard, was looking for hired hands. It wasn’t easy to find help. People were reluctant to work on the Atlantic coast. They dreaded the regular raging storms that wreaked havoc on buildings and crops. Interviewing applicants for the job, the farmer received a steady stream […]

Ok, so I’ve taken a bit of license with Ringo Starr’s 1973 hit, You’re Sixteen. But, you’ll soon see why. I’m calling this a TOHO update. This Only Happens Once. Almost like the YOLO that’s been popularized recently by the Wall Street Bets crowd (YOLO meaning, You Only Live Once). There’s no market commentary, and […]

In general, I suspect that most men would agree (if they’re being honest) it’s usually not a wise thing to do the opposite of a wife’s or girlfriend’s advice. Even if such advice was unsolicited (as you’ll see in this case). So, it is with trepidation that I give you this month’s headline as one […]

  Na Na Nuh Nuh Na Na, Na Na Nuh Nuh Na Na, Na Na Nuh Nuh Na Naaaaa Woke up this morning with a wine glass in my handWhose wine? What wine?Where the hell did I dine? (hint–The French Laundry)Must have been a dreamI don’t believe where I’ve beenCome on, let’s do it again […]

This month, we’re taking a short break of our run of song-lyric headlines to focus on something that investors and advisors alike are struggling with. That is, what to do with bond allocations in perhaps what is the lowest yielding investment environment ever. I believe it was the late Marty Zweig, one of Wall Street’s […]

Shake it up is all that we knowUsing the bodies up as we goI’m waking up to fantasyThe shades all around aren’t the colors we used to seeBroken ice melts in the sunAnd times that are broken can often be one againWe’re soul aloneAnd soul really matters to meTake a look around You’re out of […]