Tag Archives: asset allocation

Quarterly Outlook Summary

Pessimism is growing about the future direction of the markets as is speculation that valuations have become too high. These sentiments are not uncommon in strong markets. Sometimes it’s called climbing a wall of worry. The common ingredients for a … Continue reading

Posted in asset allocation, commentary, economics, fiscal policy, growth, inflation/deflation, interest rates, monetary policy, money supply, outlook, politics, portfolio management | Tagged , , , , , , , , , , , | Leave a comment

Quarterly Outlook Summary

The economy continues to grow albeit slowly. However, despite a weak first quarter, unemployment continues to decline, yet employment has yet to come close to pre-meltdown levels. Again, although the Fed maintains an accommodative policy, they have curtailed their bond … Continue reading

Posted in commentary, economics, interest rates, markets, money supply, outlook | Tagged , , , | Leave a comment

2013 Year-end Summary

Despite the financial markets performing well for the year, the economy has been slowly gathering steam. Thankfully and partly because of paralysis in Washington, the fiscal stimulus is being diminished “just slowly enough” as the economy regains confidence. Economists generally … Continue reading

Posted in asset allocation, economics, fiscal policy, growth, inflation/deflation, interest rates, money supply, outlook | Tagged , , , , , , , , , , , | Leave a comment

Federal Debt and Deficit Reduction are Junk Economics.

Deficit cutting is still, precisely, the wrong economic policy prescription in the current weak economy of high unemployment. Whether raising taxes or cutting spending, the effect is the same. It may reduce the deficit but it also removes stimulus in … Continue reading

Posted in asset allocation, banks, bonds, commentary, economics, financial crises, fiscal policy, growth, inflation/deflation, interest rates, money supply, outlook, politics | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Quarterly Outlook Summary

The economy continues to slowly gather steam as housing begins its long awaited recovery and as private sector business confidence and spending also recovers. On the other hand, the public sector, the government, continues to curtail its spending causing economic … Continue reading

Posted in asset allocation, commentary, economics, fiscal policy, growth, inflation/deflation, interest rates, money supply, outlook, stocks | Tagged , , , , , , , , , , , , , , | Leave a comment

Fewer, Richer, Greener: The End of the Population Explosion and the Future for Investors

“The population explosion is almost over, with fertility below the replacement rate in many advanced countries and rapidly declining in most developing countries. In the next half century, economic growth will be robust, especially in developing countries, and will increase … Continue reading

Posted in asset allocation, commentary, economics, inflation/deflation, interest rates, outlook | Tagged , , , | Leave a comment