Ukraine Pain

For the first time in over a year, investors were faced recently with legitimate “headline risk.” Not since the bogus “Fiscal Cliff” scare of late 2012 have there been headlines frightening enough to make investors worry. I have said all along that securities markets prefer tranquility. They don’t like noise and uncertainty. Markets like Disney…

January Chill

January got everyone’s attention. A declining stock market always gets attention and last month the S&P lost 3.4% after a 30% increase in 2013. The Dow Jones Industrial Average lost over 5% and foreign stock markets were down as well. As usual, pundits are falling all over themselves assigning blame for the sell-off in January.…

Prohibition Déjà Vu

Colorado approved the sale of marijuana for “recreational use” starting January 1 this year. Let’s be frank… any state that has ever approved marijuana for any use has essentially approved it for use recreationally. Twenty states have already approved the use of marijuana for “medicinal” use, but we all know that was just an end…

Another Boring Month of Stock Market Gains

We received an email recently from a client requesting that we wire $85,000 to an overseas account. What was intriguing about the email was that it was very authentic at first glance. The email was sent from our client’s Gmail account. It was not the beginning of a new dialogue, but rather a reply to…

Twitter, Obamacare and JFK

I love Twitter. One of the coolest things ever created, Twitter is a worldwide digital forum where anyone can express a thought, an opinion or give directions about anything anytime. As a social media website that has gathered a tremendous amount of traction, Twitter provides a means of quick and efficient communication between people who…