The Elusive, White Whale
If you have a certain proclivity to stay focused on the financial media, especially over the last week or so, you would have noticed the current rally that seems to have snuck up on most investors.
If you have recently opened your first quarter statement however, you might find this rally a little hard to believe. [...]
Is It Time to Sell Your House?
In an effort to research the latest ”crisis du jour,” I typically peruse several different financial media websites. Today when I opened www.cnbc.com, I saw in big, bold letters “Home Prices Fall in May, Erasing Four Years of Gains.”
First of all, the 0.9% drop in home prices in May by itself did not “erase four years of [...]
Fear of the Future Or Fear of the Present?
While driving in my car recently, I caught a radio talk show that had as its featured guest, a therapist. What caught my attention most was the therapist’s definition of anxiety. The therapist told the host that her definition of anxiety is “the fear of what could happen in the future.”
Even though this radio talk [...]
“Déjà vu, all over again”
Dear Clients and Friends,
“Déjà vu, all over again”
Our apologies to the great Yankees’ catcher, Yogi Berra, but that’s what it appears to be. We are being told that consumer confidence is plummeting and that the “weakening economy” is “rattling consumer and investor confidence.” And why not? There is a housing recession (notice I said housing [...]
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