The Market is Not on Your Side

Posted on June 21, 2019June 21, 2019 by Keith Akre

The Market is revered. I’m talking about The Market, with a capital T and capital M. It can’t be beaten so don’t try. It can’t be forecasted or predicted. It cannot be tamed. Am I talking about The Market for stocks? The Market for bonds? For houses, tulips, interest rates? Yes. All of the above. The Read more about The Market is Not on Your Side[…]

Baby Steps and Quarter Points

Posted on March 16, 2017September 13, 2017 by Keith Akre

The Fed continues to execute according to plan. The market had largely anticipated the recent move by the Fed to raise short-term rates by 0.25%. They liked the more the even-keeled and cautious tone that Fed chairwoman Janet Yellen conveyed in the press conference. Per Binyamin Appelbaum of the New York Times: Figure 1: Ebullient(adj.) Read more about Baby Steps and Quarter Points[…]