After a year like 2013—assuming the market doesn’t drop 30% tomorrow—it’s easy for investors to lose perspective. As is always the case after a

Extended unemployment benefits for 1.3 million people expired yesterday. This morning, while thinking about what I might say in a television interview on the

In his 2012 book The Sector Strategist, Timothy McIntosh explains who ultimately bears the burden of over-regulation. From page 130: Despite this enhanced government

There are three dozen or so coots foraging for their breakfast this morning about 50 feet beyond the edge of our backyard—I’m guessing the

Let’s do a little hypothetical: Let’s say you own a rental house that you paid $100,000 for back in 2006 and that you receive

…the evidence offered up by those so concerned with income inequality (I’m more concerned with improving the fortunes of the less fortunate without regard

As I’ve stated multiple times here recently, stocks today, in my view, are no longer cheap, nor are they expensive. Meaning, if earnings pick up next

I began last year’s year-end letter with the following:  I’m not one for making economic or financial-market predictions. There are far too many variables

Yesterday, Zara and I discussed the prospects for a QE taper and how the individual investor might approach his/her portfolio going forward. The knee-jerk

Did I say earlier that I’d give the buy-the-news scenario a 50/50 chance. Dang! I meant to say 100%. Truthfully, the only thing I