Is WWIII Already Underway?

I hope you had a wonderful July 4 weekend, celebrating our country’s independence with family and friends. I did, for sure. But I was also a bit somber. Why? Because I couldn’t help but reflect on the sad state of…

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3 critical steps to take before Memorial Day

There’s an epic tug-of-war underway on Wall Street right now between bulls and bears, and it’s important for investors to keep tabs on the outcome. The S&P 500 Index is up nearly 5 percent from its low last month. Both…

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Old Bull, New Tricks: Happy 5th Birthday, Bull Market!

The serendipitous nature of investment research always amazes me. I can’t begin to count the times in my career when I gathered data to resolve a hypothesis, only to have it lead me in an unexpected direction. This makes my…

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It’s a Golden Era for American Technological Ingenuity

I’ll admit something right off the bat. I’m no hard-core “techie.” I didn’t wait in an around-the-block line for my last iPhone. I haven’t purchased the latest Xbox One yet to replace my older Xbox 360. My wife, Kim, and…

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Investors, Enjoy the Sweet Spot While It Lasts

As I pointed out in last week’s Money and Markets column, a state of stable economic disequilibrium is just what the market needs to maintain its lofty level and perhaps even move higher in these uncertain times. And it’s the Fed’s easy…

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3 Ways to Strengthen Your Investing DNA

Have you ever attended a party you consider truly memorable? I did, and I’ll tell you about it shortly. First I have a few words from the frontiers of investment research. I’ve had the privilege of working alongside some practitioners…

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Emerging Market Crisis Not Likely …

Over the past few weeks, emerging markets have taken a hit. Currencies from the Russian ruble and the Thai baht to the Brazilian real have fallen sharply against the U.S. dollar. Stock markets from Mexico and Asia to South Africa…

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Don’t Be Fooled by Gold’s Glitter

Almost everyone thinks gold has bottomed. And almost everyone also thinks I’ve been dead wrong on gold. I wish I were wrong. I wish gold has bottomed.

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Time Warner Take-out

If you stayed inside against today’s cold weather, cable television was probably your best friend. Now two cable giants think they can hook up and be even better friends. Today I’ll tell you who they are — and why they might be wrong.

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How to Tell When Stocks Will Outperform Bonds Again

I often examine risk-off versus risk-on ratios to monitor the battle between economic fear and confidence. Or, in other words, bonds versus stocks.

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