• Why This Wounded Bear Could Become a Bucking Bull

    Russia is a mess. Plunging oil prices, a ruptured ruble, years of a corrosive “kleptocracy,” Western economic sanctions and an unprecedented flight of capital have teamed up to wrestle the Russian bear to its back in 2014. No wonder President | Read More »

  • Winter Weather Mixed with Options Offers Investment Opportunity

    During the last few days, we’ve experienced arctic chills with roughly half the country covered in snow. There are a number of ways to play these freezing temperatures.

  • Vanguard Fund Features Dividend Dynamos

    VIG, a low-expense-ratio Vanguard ETF, tracks the performance of an index that measures the investment return of common stocks that increase their dividends over time.

  • China ETFs: The Biggest Dragons in the Lair

    A prospective client asked me which parts of the world I thought were the best in terms of where to start adding international equity exposure. My first response… China.

  • Why Are Conservatives So Ignorant about Gold and Silver?

    The U.S. Mint announced that it had temporarily run out of 2014 American eagle silver dollars. At $16 an ounce, investors were buying them at record numbers (40 million were sold last year).

  • Focus on What Matters — Products, Strategy and Management — and Forget the Hype

    Google made headlines with news that it’s spending more than $1 billion to lease an old NASA hangar on a historic Navy air base for a 60-year period.

  • Why the Nasdaq is Back

    Back in the 1990s, the technology-dominated Nasdaq was best known for minting millionaires. Today, the Nasdaq is the red-headed stepchild of the U.S. stock market. After all, the S&P 500 has hit almost 40 new record highs in 2014. The | Read More »

  • Government Thinks You’re Stupid

    MIT Economics Professor Jonathan Gruber has been called the “architect” of ObamaCare for his role in helping create the program.

  • The Cheapest Way to Own the S&P 500

    The diversity of investment offerings from Vanguard, a low-expense-ratio exchange-traded fund (ETF) provider, is showcased in this week’s ETF Talk that features Vanguard S&P 500 ETF (VOO), an S&P 500-based ETF.

  • Chinese Stocks Will Never Be the Same Again

    One trend I’ve noticed during the past several months is the lack of international stock exposure in most investors’ portfolios.

  • Wizard of Wharton Predicts Permanently Low Rates, A Continuation of the Bull Market

    “Those who predicted a return of double-digit inflation couldn’t be more wrong.” — Jeremy Siegel Last week on Veteran’s Day, I had breakfast at the magnificent old Union League of Philadelphia with Jeremy Siegel, the University of Pennsylvania’s renowned professor | Read More »

  • U.S. Economic Activity Jumps Sharply in Second Quarter 2014

    Gross Output (GO), a broadened measure of U.S. economic activity, advanced to nearly $30.9 trillion in the second quarter of 2014, a 4.8% annualized jump in real terms, the Bureau of Economic Analysis (BEA) reported today.

  • Tuning in the Fed Among the Market Noise

    As I examine global market conditions, it’s always wise to remember the stock market is a forward-looking creature. That means keeping tabs on what’s coming up around the bend — and there are several items to watch for.

  • Why the ‘Barbarous Relic’ Should NOT Be in Your Portfolio

    The economist John Maynard Keynes once famously dismissed gold as a “barbarous relic.” Keynes was actually referring to the gold standard. But his inflammatory description reflected his heartfelt sentiment about gold. Nevertheless, gold has maintained its unique status as both | Read More »

  • Election Results Tee up Opportunity for President Obama

    The 2014 mid-term election results that gave Republicans control of both houses of Congress also position President Barack Obama to pursue a number of objectives that that may not have been possible if Democrats had retained their majority in the Senate.

  • Vanguard’s Low-Expense-Ratio Bond Fund

    Vanguard Total Bond Market ETF (BND) is a bond fund that also ranks as one of Vanguard’s largest ETFs, with $22.8 billion under management as of Sept. 30.

  • Welcome to ETF University

    As you may know, I have been a passionate advocate of ETFs for many years. That advocacy has been expressed extensively in my various publications.

  • Will the Elections Make Any Difference?

    Now that the Republicans have taken over Capitol Hill, can they make any difference? Gridlock is expected for the next two years.

  • Weekend Reading Offers Investment Opportunities

    You can bet that I am an avid reader of studies, reports, surveys, financial statements, filings with the Securities and Exchange Commission, management presentations to investors and pretty much anything else I can find.

  • The Japanese QE Surprise and the Juicing of the Markets

    Just when you thought the financial world would take a much-needed break from quantitative easing (QE), the Land of the Rising Sun comes in and juices up the markets with more QE.