The Greatest Game

Posted on Saturday, October 8th, 2016

  “Golf is deceptively simple and endlessly complicated; it satisfies the soul and frustrates the intellect. It is at the same time rewarding and maddening – and it is without a doubt the greatest game mankind has ever invented.” – Arnold Palmer   My great passions, besides my family, are golf and investing. They are… read more.

Fed Up

Posted on Saturday, September 24th, 2016

The S&P 500 had its best week since mid July as central bank largess was increased yet again. On the menu this week was a buffet served up by not only the Bank of Japan (BOJ) but by the United States own, Federal Reserve. The BOJ refuses to give up on its intention to foster… read more.

Bond Market Headwinds – Dalio and Gundlach

Posted on Sunday, September 18th, 2016

Ray Dalio spoke at the Delivering Alpha Conference with CNBC. He made interesting note that interest rates cannot be made materially lower and may in fact “go the other way”. As bond yields go down it has the effect of making stocks more valuable. The bond bull market that has seen interest rates on the… read more.