If you typically review the first few paragraphs of conventional media reports, you might conclude that the United States is creating jobs at a torrid clip. Headline unemployment registered a 4 1/2 year low at 7.3%. What’s more, 169,000 positions in August sure sounds like a lot of new workers, doesn’t it?
The inconvenient truth of [...] [...more]
Lately, I’ve been fielding a great many questions related to automobile companies. Had I seen the 5-year highs on car purchases? Am I aware that autos were the strongest segment in 2012 retail? And what’s the best ETF for capturing the inevitable growth?
In truth, I’m not necessarily convinced that the U.S. auto sector will continue [...] [...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]