The initial public offering, or IPO, has barely had an impact on financial markets since the millennium began. Will the initial coin offering, or ICO, fare better? A revival of…
Chasing Yield
Likes dogs that chase cars, investors who chase yield are not acting rationally – and the results can be fatal. With returns on bonds close to historic lows, many investors…
Fed Report Shows Income Inequality Increasing
The Federal Reserve Board, which has done more than anyone in history to increase income inequality, has just issued a new report on income inequality. That the inequality gap is…
Time to Consider Active Investment Management
With stock market valuations near all-time highs and rising interest rates affecting bond prices, it’s probably not a good time to be passive about your investments. Sooner or later stocks,…