What would Hyman Minsky say about this stock market?

Hyman Minsky, a well-known 20th century US economist, was professor of macroeconomics at Washington University in St. Louis and a distinguished scholar at Levy Economics Institute at Bard College.  He is best known for developing his financial instability hypothesis.  Minsky stated that the greater the stability of the stock market, the greater the instability that […]

If Hindsight is 20/20, what is Foresight?

In my article of December 20, 2017, I was urging investors to take a more cautious approach to investing in 2018.  For those in retirement or nearing retirement, traditional asset allocation did little to protect portfolios from decline in the last two weeks.  Many revere Warren Buffett.  Think about how much risk he was taking, […]

The Value of Tactical Investing in a Falling Stock Market

When the stock market begins to fall, investors ask, “How do I protect my investment?” it is not as simple as just selling everything and sitting in money market.  First, this could trigger long-term or short term capital gains.  Second, this market correction could be brief and one would miss the opportunity for future potential […]