Format: Blogs

Lessons From A Crash

Thirty years ago this Thursday, I was a budding analyst working with two very good stock portfolio managers. I had been on the job three months. On Monday, Oct. 19, 1987, the stock market “crashed.” The S&P 500 Index fell 21% that day after falling 10% the week before. My much more experienc[...]

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How Do I Protect My Information? Answering Your Questions On How To Protect Yourself After Equifax’s Security Breach

In September, Equifax reported a massive data breach. Hackers accessed the personal details - including names and Social Security numbers - of more than 145 million consumers from mid-May to July. It remains unclear how the data may be used. I’ve answered FAQs about the breach and what steps you s[...]

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To Cut Or Not To Cut

Last week Wednesday, the “Tax Reform” (subtitled: Unified Framework for Fixing Our Broken Tax Code) plan put forth by Republicans in the House was released and critiqued by politicians from both parties. While there are many unanswered questions about the final details, there are a number of ite[...]

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No Promises

Yesterday the Federal Reserve's Open Market Committee (FOMC) concluded their two-day meeting with no change to the Fed Funds interest rate and an anticipated announcement regarding their balance sheet. FOMC Chairman Janet Yellen noted, “We've not made any promises on the path of rates.” With tha[...]

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Power Of Love

A colleague recently shared a bumper sticker with me that said, “There will be peace when the power of love overcomes the love of power.” With the recent Hurricane Harvey tragedy affecting the Gulf Coast and the threat of Hurricane Irma pending, we have seen many examples of how our citizens uni[...]

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The Shallow Cycle

Economic growth in the U.S. and Europe has accelerated since the beginning of the year. Here at home, growth has accelerated from below to above 2%, while in Europe growth has gone from below to above 1%. Late in this business cycle, the difference between good and slow growth remains small. Let’s[...]

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Meh

Unless you have a child in your life under the age of 12, you may not have seen The Emoji Movie that came out a few weeks ago. I have seen the film, and the plot line is thin. The main character is an emoji whose parents are “meh” emojis, which means they don't feel good or bad about anything, j[...]

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More Than A Tweet

In a world where a tweet, i.e., 140 characters, can get people nervous, angry, concerned or excited, we may be losing our desire and ability to understand things at a more detailed level. The media hype surrounding the current stock market environment is much like that today. Headlines focus only on[...]

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Canoeing and Diversification

Last week I had the opportunity to spend some time canoeing and was reminded of the importance of working with a partner to navigate a waterway and the challenges it may bring. A successful trip requires coordination and communication between the stern paddler and the bow paddler (who is hopefully a[...]

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Moms and Risk Management

This weekend I wanted to upgrade my son's skateboard from the cheap big box store brand to the specialized skate shop variety. The new board is easier to ride because it is wider and rolls better (i.e., faster). After 30 minutes in the driveway and a lot of exclamations about how much better it was,[...]

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