Over the past 18 months the global stock market has moved lower by 1.4%(i). It gained in 2014, only to lose those gains and more over the past 5 months. Up, down, up, down. What is going on? Investors may look at this activity and question the validity of their investment strategy. Why can’t their investment portfolio produce a reasonable

I often fantasize about going back in time so I can replay an event more to my advantage. Like curating a response to friends that, after the fact, makes me appear brilliant. Here is an investment time machine fantasy: Imagine this: It’s 2007. You know there is a real estate bubble, and you know there will be a crash, so

Just as investors were unable to perceive how a housing market crash would affect their investment portfolios, we believe similar, unanticipated risk exists in the stock market due to Federal Reserve asset price manipulation.

Want to grasp the counter-intuitive nature of investing? Try driving whilst looking to the rear (see lengthy liability disclosure below). Or, if that seems like a bad idea, carefully consider these probable outcomes: The counter-intuitive nature of investing is both perilous and unrelenting. After markets rise, we “feel” like there are more gains ahead. If gains continue, optimism increases. If

Stocks and bonds were a mixed bag in the third quarter. The S&P 500 increased 1.1%(i) for the quarter while other asset classes fared poorer. The MSCI EAFE (International) Stock index lost 6.4%, the Russell 2000 was down a painful 7.36%, and the Merrill Lynch High Yield Bond index declined 1.9%. Inflation protected bonds were also down. Toews began the