Jack Hough recently wrote an “Ahead of the Crowd” article for Barron’s on finding value in the stock market. The author cited a Merrill Lynch study that looked at core fundamental data dating back 25 years — data like book value, cash flow and earnings — to determine overpriced and under-priced sectors. My first reaction to [...] [...more]
There’s a tendency in the financial media to wrap-up calendar years with a focus on the “winners” and “losers.” Inevitably, a large number of unsophisticated investors will allocate money to the so-called best performers, while avoiding any commitment to the underachievers. Herein lies one of the biggest mistakes that ETF enthusiasts make. Specifically, they view success [...] [...more]
Most Americans believe that the economy is on the wrong track. For that matter, Bill Clinton believes the country is in a recession. Polls don’t typically delve into why people believe the economy is in bad shape. However, it’s a pretty safe guess that citizens see declining home values and poor job prospects when making their assessments. Not surprisingly, [...] [...more]
