Learning From Iomega

My latest post for Alpha Baskets is posted and includes the following; Reading a headline like that, a cynic might immediately think of the famous BusinessWeek cover from 1979 proclaiming the Death of Equities or Irving Fisher declaring equites having reached “what looks like a permanently high plateau” on October 16, 1929. And from my page at TheMaven; A look at a crappy 401k plan. Should you cancel your health...

Markets Crumble Under The Weight of Tariff Threats

The weekly Market Update is posted at Alpha Baskets and includes the following; As a qualitative observation this drop doesn’t feel as panicky as the one in early February but interestingly both declines in SPX terms stopped at that index’ 200 day moving average at least that was the case at the close on Friday. And from my page at TheMaven; Thoughts on the 200 DMA holding. Is the new shipping futures ETF a third degree burn waiting to...

There’s An ETF For That

My latest post at TheMaven looks at Howard Mark’s thoughts on managing volatility over the course of the stock market cycle and includes the following; If you knew you could get an 8% return every single year for the next 20 years, I mean exactly 8% every year, and that the stock market would have a volatile ride to come out at the same spot in 20 years you’d take reliable 8% instead of the volatility. And my latest post at AlphaBaskets has this; If volatility is back, it makes sense for investors to ask themselves whether they should attempt to manage or smooth out their portfolio’s volatility. To my way of thinking, this is clearly part of an active investment strategy, but I would remind readers that active strategies don’t have to be implemented using only active funds they can be implemented with index (passive)...

March Magic

This week’s Market Update is posted at Alpha Baskets and includes the following; The ten year anniversary of Bear Stearns going under was last week. It was an amazing period of history for markets as Bear was of course a venerable name on Wall Street and its failure created more awareness that any company can fail and of course even bigger names than Bear went on to fail or otherwise be rescued by the government. Barry Ritholtz quipped on Twitter that Bear Stearns was bought for less than what the Yankees paid to Alex Rodriguez. And from my page at TheMaven; The cost of retirement might be vastly overstated. A look at a couple of well known fund managers who are changing their strategies to invest in...

The Bull Market Turns Nine!

The weekly Market Update is posted at Alpha Baskets and includes the following; We now know a little more about the steel and aluminum tariffs. While actual trade wars can’t be good for anyone, the detail we have now implies that this all may be a negotiating ploy. Canada and Mexico have a very visible path to being exempt and other countries can negotiate out of them. Last week we said that Trump supporters would say this is the Art of the Deal at work. That hope is alive and well. And from my page at TheMaven; The investment merits of putting your head in the sand. The real meaning of...