History Rhymes

“History Doesn’t Repeat Itself, But It Often Rhymes” – Mark Twain Cathie Wood, active stock picking manager for the ultra-hip ARK Innovation Fund (ARKK), is still a bona fide superstar. At least according to CNBC. Unfortunately, the shine may be coming off the...

Place Your Bets

The Federal Reserve has been the investor’s best friend for a very long time. For 13 years, if stocks fell a mere 10%-15%, the Fed immediately intervened with promises of ultra-low, interest rate stimulus. And when the pandemic crash of 2020 threatened to burst...

Dicier By The Day

Digital money printing and interest rate manipulation seemed like a no-brainer in March of 2020. The world’s economic activity had been coming to a screeching halt. Here at the end of 2021, however, there are too many dollars chasing a scarcity of available goods and...

The Signs of Excess

Those with significant money at stake in 2000 remember what happened to them in 2000. They lost the bulk of their money. Investors certainly heard the warnings in the late 1990s, but they did not listen. Words of caution fell like silent raindrops. It was a “New...

Think Global, Act Local?

Since the 2008 financial crisis, U.S. investors have counted on Federal Reserve bailouts, bond buying, and digital money printing. Significantly lower interest rates combined with a huge leap in the money supply sent asset prices (e.g., stocks, bonds, real estate,...