Money and Finance
John Mauldin: The Answer We Don’t Want to Know
2012 will be the 11th time in my short life that I will be able to participate in the choosing of a president of the United States. While it may just be me, it seems like each and every election is cast as the most important election of our time and a defining moment for the American Experiment. The future of the Republic was being weighed in the balance, and only the proper outcome (which would of course be the election of the candidate you supported) would assure its survival. This week we will continue our meditations on the economic choices that confront the world, this time focusing on the US.
We will start with a thought experiment, in which I invite you to think about alternate histories. Just how important are presidents (or leaders in general) to the success or failure of the economy? And then how critical is the coming election this fall? We will assault a few of our most cherished beliefs, both from the left and from the right. If I do not offend you in the first few pages, I invite you to keep reading; I will get to you somewhere.
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Broyhill Asset Management Investment Update
Our last investment update was published shortly after the November elections. At the time, we suggested that historically, markets don’t care very much about election results and noted that year-end rallies were quite typical in election years. Since...
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Some Thoughts On Election Eve - By Gene A. Hoots
Soon we will know the result of what has been billed as “the most important election in our lifetime.” I suspect that when you look back years from now it will be hard for you to believe that is so. Poles, computer programs, and pundits...
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Bill Gross – November 2012 Investment Outlook: Time To Vote!
So I pulled out my magic lamp that for some reason works only every October 22nd, and rubbed until the Genie appeared in his red and white checkered cloak with a 10-inch diameter Flavor Flav clock hanging ceremoniously around his neck. Being a rather...
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Can We Reverse The Stanford Prison Experiment?
Thanks to Andrew for passing this along. When I met for lunch with Dr. Phil Zimbardo, the former president of the American Psychological Association, I knew him primarily as the mastermind behind The Stanford Prison Experiment. In the summer of 1971,...
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What Are You Buying?
Since the election finally finished the stock market has rarely seen a positive day or even flat day. The DJIA has shed 700 points, 5.31%, since the Wednesday after the election. Here's what's on my shopping list at current prices as of Thursday's...
Money and Finance