Everybody else is doing it

Happy Wednesday to all of you! Today I wanted to talk about a conversation that frequently occurs amongst corporate executives, as well as professional investors. I am going to call the conversation the, “Everyone Else is Doing It” conversation and it goes...

Downturns are a test of strength

I hope that everyone had an excellent weekend. In today’s posting I wanted to reveal what I believe to be one of the secrets to making long-term as an investor. Namely, that investors make most of their money in an economic and financial market downturn, but...

A quick missive

Just a quick missive for your weekend from Muggy Miami. In yesterday’s posting I said it would be interesting to see what happened to the financial markets given the huge number of jobs lost in November (i.e. 553,000). As you may know the Dow Jones Industrial Average...

Big unemployment figures

So yesterday’s posting looks particularly timely after today’s big announcement of the number of jobs lost by the U.S. economy in the month of November. In case you have not heard, the estimated number of jobs lost was 533,000. Furthermore, the...

Lay off the layoffs

Good morning friends and readers! One of the tough things about tough times is seeing the endless parade of job layoff numbers. They create lots and lots of anxiety amongst people. I know because when I was growing up my mom experienced layoffs on multiple occasions....

The recession is officially on

As you probably all know by now the U.S. “officially” entered a recession exactly one year ago in December 2007. The fun bunch of officials who have officially stated this are the National Bureau of Economic Research.   More specifically it was the...