November 26, 2013
Planning to work off the excess turkey and stuffing jostling with shoppers on Black Friday? If you are like me, you’ll opt for a brisk family walk around the neighborhood and then head to the computer to get any shopping done online.
According to the National Retail Federation (“NRF”), up to 140... read more
November 11, 2013
After lagging U.S. stocks meaningfully in the first half of the year, international equities are making a comeback. The S&P 500 dominated the first six months of 2013, gaining 14% through June versus the 4.5% advance for the MSCI EAFE Index of developed international companies. The MSCI... read more
November 1, 2013
“Treat your password like your toothbrush. Don’t let anybody else use it, and get a new one every six months.”
-Clifford Stoll, author and technology iconoclast
We believe creating a secure password is a critical first step in protecting your online accounts. While there is no password that is 100... read more
October 15, 2013
“I’m surrendering myself to the realities of the Internet.”
– Scott Adams (Dilbert creator)
Bonnie and Clyde would hardly recognize their bank robbing counterparts in the 21st Century. We certainly can be thankful that crazed outlaws don’t burst into banks (though I can’t remember the last time I... read more
October 14, 2013
Washington politics continue to be contentious. For the first time in 17 years, a budget impasse has forced the government to be partially shut down. Mandatory spending programs and critical services, which account for the bulk of the budget, remain intact. Stock markets seem to be taking the... read more
October 10, 2013
The mystery of who might replace Ben Bernanke as chairperson of the Federal Reserve is now revealed: Janet Yellen. Yellen is the current Vice Chair of the Board of Governors of the Federal Reserve System.
What does this mean? Now that we know for certain Yellen has the nomination, I thought I’d... read more
October 4, 2013
“Hardware is easy to protect: lock it in a room, chain it to a desk, or buy a spare. Information poses more of a problem. It can exist in more than one place; be transported halfway across the planet in seconds; and be stolen without your knowledge.”
— Bruce Schneier, Author and Computer Security... read more
September 12, 2013
With four children under the age of eight, I’ve found myself comparing many real-life situations to those enacted in the children’s books, TV shows, and movies that I’ve read and watched over the past few years. Case in point: activity by central bankers around the world in recent years reminds me... read more
September 11, 2013
With the summer winding down, August marked just the second month this year the S&P 500 posted a loss (the other was June's slight pullback). So was August an omen for a tumultuous autumn to come, or just another case of transitory noise that investors would do better to ignore?
It seems there... read more
August 13, 2013
U.S. stocks continue to rally, and an increasing number of investors appear to have finally put the credit crisis trauma behind them and are getting back in the game (as evidenced by substantial flows into stock funds). Stocks are still working against a nice backdrop. As we have previously noted,... read more
July 12, 2013
We are at the midpoint of the year—a good time to take inventory of where things stand regarding the economy and financial markets.
It's been mostly good news thus far in 2013 for the U.S. economy. It may not be taking off (as evidenced by the lethargic first quarter real GDP growth rate of 1.8%),... read more
June 17, 2013
In baseball, a corked bat has typically been thought (rightly or wrongly) to help a player hit the ball farther, thereby generating greater enthusiasm for unwitting fans. So too has ongoing monetary stimulus helped stock markets reach new heights otherwise likely not achievable, restoring... read more