As Good as It Gets?

I live in a world of macro and fundamentals. The basic reason for this is that I can’t think of a situation where they didn’t inform me of the future. Together, macro and fundamentals can tell us quite a lot about longer term stock market potential. The...

Buy Now? What Next?

There are two basic ways to invest in the market. You can either stick your finger in the air and invest however the wind is blowing or you can have a process, a lens through which to view a broader spectrum of factors to invest assets. It seems obvious to me which...

WHICH Stocks for the Long Run?

Stocks for the Long Run by Jeremy Siegel, first published in 1994, is broadly considered one of the best investment books of all time. As the title implies, the idea is that in the long term, stocks win for compounding wealth. That has certainly broadly been the case,...

The Fed Will Save Us All?

We’ve certainly had a rip-roaring start to the year. The first question is, is that deserved? What happened to create this great start? My belief is that two basic things happened to create the big January. First, markets got deeply oversold in December, and...

What Happened to the Recent Market Panic?

Around Christmas, when the market was down about 19% from its September 2018 peak, I wrote a blog (Don’t Panic! – December 28) urging people not to participate in the market panic that was going on at the time. Was that good advice? It would be hard for it not...

Don’t Panic!

Panic seems to be the keyword of the day for investors. As an example, CNN’s Fear and Greed index just hit 5, its all-time Fear extreme. The worst time to panic is after other people have already panicked. People who panic tend to do dumb things. “I want out....