Old Age

It’s been 3 years since US equities have corrected more than 10%. But there’s no law about how long rallies can last without a correction.

In any event, as diversified, well-positioned investors (as, of course, we believe we are), does it really matter if stocks fall 10%? or 20%? If it does matter, you probably have the wrong portfolio. For the rest of us, volatility really does equal opportunity.

• 13 Nov, 2014

  "Special"?

  The following item caught my eye on Bloomberg:Los Angeles City Employees' Retirement System is scheduled to discuss a ...

• 7 May, 2015

  Trade

  The trade deficit ballooned in March to over $51 billion, $8.6 billion more than a year ago. Exports were up a little, ...

• 22 Sep, 2017

  It's About Time

  Lost Time is never found again, advised Benjamin Franklin in Poor Richards Almanack. And Dante Alighieri observed, The ...