California Top 5 Stocks – 2014
Last year at this time I was very constructive on the market, and this year, somewhat the opposite. Stocks have run up enormously in the past five years or so, and, 2013 was another banner year. Most indices last year... Read More →
2013 Mid-Year Investment Outlook
The first half of 2013 has treated stock investors well, particularly those who have kept their money at home in domestic holdings. Indeed, U.S. stocks returned approximately 13 percent during the first half of the year while the rest of... Read More →
Nowhere to Turn in this Rate-Hike Cycle
At the start of 2000 it became clear that the Federal Reserve was going to burst the stock market bubble by raising interest rates. Of course, the Fed would never say its intentions were to deflate an overheated stock market:... Read More →
What Would Robert Shiller Do Now?
I recently re-read an article I cut out of The Wall Street Journal on July 29, 2002, titled “Prescient Professor Favors Market-Timing.” The prescient professor referred to was Yale economist Robert Shiller. You’ve certainly heard of Prof. Shiller, and you... Read More →
Protection Against a Housing Collapse
I’ve been worried about the housing market for a couple of years. The enthusiasm, bidding wars, blind optimism and the simple fact that so many of my acquaintances think they’re so darn smart because their houses are appreciating, reminds me... Read More →