Pros and Cons of a Rate Cut

Peter is the CIO of Bookmark Advisors, an asset management firm and the Editor of The Boock Report, a macro economic and market newsletter.    Let’s use our weekly “Succinct Summation” format to consider the…

Emerging Markets: Returns, Valuations, Growth

My friend Meb Faber of Cambria Investments referenced these charts via Amundi in his research email list. (You can sign up here) Several charts caught my eye — emerging markets remain attractively valued and priced;…

Pessimism About Happiness

Source: Mother Jones   So last week, merely in passing, I tweeted that “Things are often better than you think, and with a little luck, maybe they might go your way,” Perhaps, people were being…

Wealth Ownership in America

This data series is simply astonishing: The top 0.1% of taxpayers (170,000 families) control 20% of American wealth, the highest share since 1929. The top 1% control 39% of U.S. wealth, and the bottom 90%…

Markets Rally on Rate Cut Hopes

Hold aside the obvious contradiction for a moment — Why does the greatest economy ever necessitate rate cuts? — and consider for a moment the effective jawboning at the Federal Reserve. POTUS on down have…

Market Rally on Rate Cut Hopes

Hold aside the obvious contradiction for a moment — Why does the greatest economy ever necessitate rate cuts? — and consider for a moment the effective jawboning at the Federal Reserve. POTUS on down have…