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Daily Archives: May 29, 2014
Beware of accountants offering harmful investment advice
I had a contact this morning from a long-time blog reader, who is in her 70’s and was recently advised by her accountant, that she could “make a lot more income in stocks” than her current ladder of guaranteed deposit … Continue reading
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Consumer demand falls with household incomes
Now that the ‘borrow your brains’ out credit cycle is in retreat, aspirational wealth products and services have a problem: household incomes for all but the top 1% have declined back to 1999 levels. Here are some of the latest … Continue reading
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Bond yields continue south
The mongrel hoard keeps insisting that “everyone” got the yield call wrong this year, and “no one” saw bond prices rising. Nope. A few of us that are free to see big picture trends rather than perpetually sell risk, said … Continue reading
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