Market Overcome Fear of Plague

This week’s market update is posted at Alpha Baskets and includes the following; One of the biggest news stories of the week was of course the earnings report from Amazon which led investors to take more than 8% out of the name in Friday’s trading. We figure that if you care about the earnings report you’ve already read everything to need to on it but we did want to pass along this quote from Barron’s regarding the Fire phone which the weekly noted “couldn’t have sold worse if it came with a rotary dial.” Please click through to read the entire...

What ‘Yukon Men’ Teaches Us About Retirement Planning

For many years we have been looking at the extent to which more and more people will need to fill retirement income gaps in increasingly innovative ways. I’ve shared all sorts of examples of this because I think it can be helpful and because it is fun to learn about the way in which other people figure out their own solution. So one of the dozens of shows about Alaska is about this very subject although none of the people consider themselves to be retired, obviously from the title you know I am talking about Yukon Men. From the post; The concepts of independence, resourcefulness and adaptability used to get by financially are intriguing and intellectually appealing on some level. To be clear I am not arguing for the lifestyle these folks have but at a higher level we could all benefit from a little more independence, resourcefulness and adaptability not just for when we retire but to help us when we have the occasional bouts of financial uncertainty that will come along at least a couple of times over our working years. Please click through to read the entire...

Wrong, Too Early, Does It Matter?

My latest post at Alpha Baskets looks at a bit of a hatchet job on economists who warned of dire consequences from QE and how they appear to have been wrong. Would they say they are just early? Some would, and have said that. The better question is why were they “wrong” or what if they were just early? Technically speaking that is possible. If that is possible then it is something to keep in mind for the future. From the post; Headline inflation certainly has not been problematic, if anything it is arguably too low and the US dollar has gotten stronger as QE has gone on. Actually it is better to think of the currency action being more about the other currencies being weaker because their governments/central banks need them to be weaker. Please click through to read the rest of the...

Weekly Market Update

The weekly market update is posted at Alpha Baskets and includes the following; Despite the incredibly remote possibility of contracting the disease (Ebola) the media has fed the fire with words like epidemic and outbreak. Bloomberg cited research that there could be as many as two dozen cases in the US by November, so that is 24 cases out of 310 million people. How many people will die today driving to work? Please click through to read the entire...