Category: Economics
2018 and the Terrible, Horrible, No Good, Very Bad Market
By Colby Davis, CFA I should have known better. After a banner year for markets in 2017, I declared at the start of this year...
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No, Globalization isn’t Taking Our Jobs, Either
In my last post I dispelled the notion of technological unemployment – despite all the hype, it simply can’t be the case that automation is...
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No, Robots Aren’t Taking Our Jobs, Yet
Certainly you’ve heard the news by now: inequality is rising, the middle class is being hollowed out, wages are stagnant, fueling populist backlashes from both...
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Social Security is Broke(n) and Cannot Be Fixed
In my last post, I wrote about how as of this year, the US Social Security system is bleeding cash and policymakers will soon be...
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Free Trade and the Golden Rule of Capitalism
People often ask me why the market, or some segment of it, has been acting the way it has been recently. My go-to response is...
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The Steamroller: Reflections from My First Black Swan
Investing is a numbers game. With a well diversified portfolio, you make a lot of little bets and on any given day some of them...
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Everything Keeps Getting Better: 2018 Edition
Do you ever get the feeling that the only news they report is bad news? Well if you’ve ever wondered why that is, there is...
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Where’d All the Risk Go?
America is more divided now than ever, a hostile foreign power is openly threatening us with nuclear weapons, and we don’t even know what next...
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3 Investments to Avoid in an Expensive Market
You’ve probably heard it, maybe you’re worried about it: stocks are expensive, bonds are expensive, real estate is expensive, it seems like just about everywhere...
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3 Investments to Consider for an Expensive Market
Here’s a market concern we’ve been hearing from investors more and more lately: There aren’t any good investment opportunities right now. Stocks are expensive, bonds...
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