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Investors Ignoring Fed Will Get Burned – Again!

“Those who cannot remember the past are condemned to repeat it.” George Santayana (The Life of Reason – 1905) At yesterday’s press conference Fed Chair Janet Yellen admitted what many suspect – the U.S. economy will not soon return to normal. For years The Fed’s projections have been overly optimistic. In-house economists predicted economic activity [...]

Joseph Granville’s Market-Timing Lesson

“If you wait by the river long enough, the bodies of your enemies will float by.” -Sun Tzu The humorously sad side of being in the wealth management business is having listened through the years to the people who want to ignore solid advice and strategies in favor of blindly following the fakakta theories of [...]