News

1. Interest rates have peaked. I've been trying to warn you. Our civilization is based on low interest debt so rates couldn’t go up much further on the longer-end. However, don't fall for the current "bull" market. This is a short-term thing. Perhaps the parlance is "a bull rally inside a bear market." Have [...]

1. Back-office malaise by insurers is still horribly poor. Many insurers don’t have enough employees due to the great resignation that plagued the nation in 2021. We are here to help you and we will do our best to service your business. 2. MLB wants league expansion. Are they serious? What city can spend [...]

1. I am a UCLA graduate. It was the happiest day of my life when I got my admission letter. But UCLA, along with USC, have destroyed college sports and conference rivalries by jumping ship to The Big 10. College sports have crossed the rubicon and I have lost all interest in this search [...]

1. Federal Reserve statements over the last year: 1. Inflation is "transitory" 2. Inflation may not be transitory but is good for you 3. Inflation is not transitory 4. Inflation is a major problem that is out of control 5. We need a recession to tame inflation So you really believe these people know [...]

1. The Futures markets are anticipating a fed funds rate of 2.75 to 3.00% by year end. This is fiction. Rates will never get to half that before markets and the dollar collapse. Look what occurred in markets this year with only a 25bp increase. I bet the Fed steps in and stops increasing [...]

1. Market risk and volatility is enveloping when "the everything bubble" starts to lose steam. Seniors may have too much portfolio risk, and they may see their home values take a hit soon. Locked-in guarantees with sound insurers is my recommendation. Annuity rates are over 3%, and we can help you with the process. [...]

1. The great value investor Michael Price passed away last week. He was a hard-nosed vulture who owned Mutual Shares Funds prior to selling to Franklin Templeton. I had the privilege to meet Michael at his office. His new firm wanted info on Presidential Life and management suggested they talk to me. Michael was [...]

1. I think retirement will be a "remember when" concept in the future. Similar to those dated pre-2008 ads showing seniors walking the beach hand and hand. America had virtually no inflation for 25 years due to cheap Chinese exports. We were the world's best consumers. But I have a strange feeling things are [...]

1. I was reading Barron's this weekend and I noticed that the fund family, DFA, is the third-ranked fund family for 2021. I then harkened back to the early 90's and my days at 275 Madison Avenue, where our little marketing firm shared space with several companies on the 29th floor tower. The office [...]