Category Archives: Main Page

Big picture view: avoiding snakes is job number one

After the 2018 fourth-quarter meltdown, large-cap stocks rebounded on share buybacks to a higher high before hitting the skids this February and taking out the 2018 low.  This was a significant breach. The sequentially lower low circled in my partner … Continue reading →

Posted in Main Page | Comments Off on Big picture view: avoiding snakes is job number one

IMF: global contraction deeper and longer than previously thought

As COVID-19 cases surge across 27 US states this week, the IMF revised its 2020 global economic contraction forecast today to -4.9% (from -3% in April) thanks to a larger-than-anticipated supply shock and an ongoing hit to demand from social … Continue reading →

Posted in Main Page | Comments Off on IMF: global contraction deeper and longer than previously thought

Retirees pay heavily when sales people are allowed to ‘advise’

In the late 1990s, thousands of Canadian teachers were offered early retirement packages that included the option to take a lump-sum withdrawal and forfeit their vested right to a defined pension for life. My mom was a teacher and she–and … Continue reading →

Posted in Main Page | Comments Off on Retirees pay heavily when sales people are allowed to ‘advise’