What to do about Income Inequality

Income inequality is a huge problem and will even derail the “one per cent” over the long haul. Our economy is based upon mass consumption and if there are not enough consumers, then those at the top will tumble from lack of demand. I believe the solution is simple,...

Another Dose of Reality

For the second year in a row, we have fires locally that are endangering people’s homes and lives. I must say, it is a useful reminder to all of us as to the relative importance of many things in life. I have heard it said that nobody on their deathbed spends any time...

The Market Overreacts – As always!

The market was busy last month doing what it does best…..overreacting.  Bonds fell 2 per cent in value in one month. Annualize that fall and you see what a huge drop that was for the “safer” asset class that investors consider bonds to be. By the end of the...

What goes down must go up!!!

Sir Isaac Newton came up with the rule of physics that what goes up must go down. As a law of physics, it makes perfect sense. As a rule for investing, it is backwards! Markets have an upward bias that should be of great concern to the experts known as perma bears due...