Timely investment themes informed by deep historical research
Massive amounts of wealth are seeking equity income from a limited opportunity set. Valuations are rising. ETFs are faddish. Rates are poised to go up. I present five words of caution and make four suggestions for equity income investors.
Read MoreConfounding, uncertain and volatile markets have left many investors wondering what glimmer of hope to hold on to. It isn't yet evident to investors, but in some respects the market is returning to normalcy.
Read MoreThe Fed is in quite a predicament. Economic cycles typically last seven to ten years. The current cycle will be seven years old in early 2016. Humans have known of this cyclical pattern quite literally since the Book of Genesis--seven years of fat, seven years of famine. At some point, the current bull will yield to a bear market as all bull markets have.
Read MoreThe talking heads have successfully put everyone back on their heels at the faintest whispers of rising interest rates. Could we be close to a major, multi-decade structural shift in interest rates?
Read MoreRock bottom interest rates and easy money are nothing new to corporations. The cost of debt capital is hitting 50 year lows across the board. But who has taken advantage and how aggressively?
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