One of the most paralyzing conditions for investors is when they’re scared of making a move – afraid of what might unexpectedly happen. How often things don’t go as planned — and so they sometimes decide to leave well enough alone and hope issues magically disappear and/or correct, and that robust gains will automatically incubate...Read More

Stock prices and yields are key indicators of economic vitality. In healthy markets they move together higher during expansions, and lower during downturns. These are both choreographed moves from central government planners as well as natural results from free market activity. Investors are naturally pulled towards higher rewards – and nothing outperforms the stock market...Read More

Last week Dow Jones announced that Apple will replace battered telecom giant AT&T in the Industrial Average. The change will take place on March 19, 2015, and while most theories regarding the change point to the impending 4-to-1 stock-split of another Dow component (Visa), I suggest a very different motive: Poor Performance. See below. There is...Read More