Well, folks, how are you enjoying this volatility? I told you at the beginning of the week to expect quite a bit leading up to Jackson Hole today, and that prediction certainly has come true. Today is the day when all the central bankers gather to talk markets and monetary policy. This conference probably used [...]

Folks, prepare yourselves for another week of volatility. Markets historically sleep in a little leading up to Labor Day, and complicating things further is the big financial summit at Jackson Hole on Friday. This conference is huge: Last year, the Fed chair announced his QE2 stimulus plan there, and the markets are already anticipating something [...]

Folks, it’s a new month, a new quarter and a new half-year. The QE2 experiment has ended (well, sort of), and the Independence Day holiday is this weekend. Days like these are an excellent time for reflection and self-examination. Look at your portfolio. Look at yourself. Are you doing the right things? That’s what it [...]

Folks, today marks the end of several things—the month, the quarter and the half-year, which we discussed earlier this week. But it also marks the end of QE2— the Federal Reserve’s policy to stimulate the economy by buying treasury securities with money it created out of thin air. People will be arguing for years about [...]

Folks, the Producer Price Index and the Consumer Price Index numbers came out this week. The PPI was a little hotter than expected, and the CPI was up slightly and right in line with the target. These numbers are telling us a story. Inflation is here, folks! We’ve got a global debt threat, the end [...]

Folks, as I mentioned yesterday, I went out to Las Vegas to attend The Money Show. It was a great time. I’m always happy to see a few thousand people congregate to learn more about the financial services industry that used to be such a mystery. I talked to a lot of people while I [...]