There have been a lot of comparisons between now and the early 1930’s. Does that mean the market is about to plummet like it did in early ’32.   Read More

If you haven’t been able to tell by now, I like to write. Look no further than my three books for proof. I seek to raise awareness of important issues, always trying to strike themes that investors can act on. I do this from a macro perspective, from the top-down — the subject of my latest book, Investing from the Top Down. Here are my top 10 'Top-Down' investing themes for 2009.   Read More

There’s no doubt that 2008 will be remembered as the year of the Fed. The central bank’s actions have been nothing short of historic.   Read More

Is it possible that the Fed is trying to make cash so unattractive that you go out and take some risk?   Read More

Following Tuesday’s Fed decision many on Wall Street are wondering, now what?   Read More

The dollar tumbled on Wednesday, hitting its lowest in more than 13 years versus the yen and also falling against the euro...   Read More

I’m going to get to mustard seeds in a moment, but let me first address two anti-mustard seeds: “Bailout Nation” and a pump-priming Fed. Bailout nation remains an ongoing issue. It really goes to the issue of government planning, industrial policy, and Uncle Sam picking winners and losers.   Read More

The latest attempt to restart the economy has got American talking. In fact, CNBC’s Dylan Ratigan is talking about it with Barbara Walters.   Read More

Are the technical forces powerful enough to keep the S&P 500 on its current uptrend toward 1,000? Also why isn't Apple CEO Steve Jobs making the keynote address at Macworld?   Read More

Until we see what rules or economic conditions the Federal Reserve, the US Treasury, and the Congress use to determine when to end the fiscal and monetary programs, we should all be very skeptical of these "all in" approaches as the consequences may be to get cashed out.    Read More