Guessing Is Not A Strategy

My latest post at Alpha Baskets looks at whether retail investors have missed the bull market as claimed by the Wall Street Journal. From my page at TheMaven; So this sounds nuts, people are sharing (bragging?) their account balances on Reddit at other places. The housing crisis is apparently alive and well in...

Four Weeks Of Gains To Start 2018? Don’t Mind If We Do

The weekly Market Update is posted at Alpha Baskets and includes the following; Furthering the discussion on equities, @tihobrkan tweeted a table from BofAML and EPFR Global showing $33 billion flowing into US equities last week, not fund flows but equities more broadly and this, he notes is close to a record. @awealthofcs tweeted that so far in 2018 the S&P 500 has made 13 new highs which equals the number of new highs made in the entire decade of the 2000’s. It is crucial for advisors to have a detached view on the comfort with which clients might have toward equities and educate them as to how unusual this type of environment is. The good times may or may not last for a long time still but this needs to be recognized for the unusual period that it is. Please click through to read the entire update.  After that, please check out my page at TheMaven including this article on how to know if you’ve “made...

The Week At Random Roger

My latest post at Alpha Baskets looks at the crazy, distorted action in asset prices. Some of my posts this week at TheMaven include; How the 60/40 portfolio might be evolving. The problems that investors have when they make things too complicated. And a follow up about...

Random Roger Round Up

The weekly Market update is posted at Alpha Baskets and looks at the blockchain ETFs, interesting goings on in the bond market and 48 hour bear market in Bitcoin. I’ve been busy over at TheMaven; A new ETF that pays out 7% but of course it’s complicated. There’s big trouble brewing with long term care policies. The disturbing trend of young people throwing away their financial...

Bitcoin Hedge Fund Proliferation

My latest post for Alpha Baskets is posted and includes the following; There is a do-gooder aspect to this that is interesting. I mentioned a while back having met someone very involved in Bitcoin who felt strongly that one of the big features of Bitcoin is that no government can debase it. This ties in with the NYT article talking about the banking system being rigged, only benefitting a few people and that Bitcoin can distribute the wealth more equitably. I am not sure how true this in terms of reports about how concentrated Bitcoin is, the article noted that 4% of Bitcoin holders might own 95% of the tokens. Please click through to read the entire post. Also, please check out my latest post at TheMaven which looks at a new multi-asset ETF that targets a 7% payout. Ruins from the Blue John Mine here in...