Yes, on average, stocks are down for the week.  Brutal two days of selling put the S&P 500 Index into the red for the year.  The % changes in the Dow, S&P 500, and the Nasdaq are front and center on all three financial channels.  However, what they won't' show you on TV is how … Continue reading Growth vs Income

Over the last few months, I have noticed that "active" bond managers who run core fixed income strategies are reducing exposure to credit-sensitive sectors.  Also, whether some funds are holding short-term bonds or more cash, they are positioning the portfolio for rising rates (at least within their mandate).  Remember, bond prices go down as interest … Continue reading Smart Money

I believe Trump is keeping all his promises that he made during the 2016 Presidential election campaign.  He is also unwinding policies that he perceives as being failed policies by his predecessors.  NAFTA was passed under Bill Clinton and Al Gore.  The deal with South Korea a few years ago was negotiated by the Obama … Continue reading The Best Deals