The Hawks return

  It was one of those weeks that would have been well spent on the beach. The weather was nice, the water warm, and the stock market went nowhere. Welcome to the dog days of summer. Actually, I did spend most of the week visiting with clients on Cape Cod. Most of...

Fedspeak occupies a dull market

It is late summer and a time when the rumor mills work overtime. Financial news departments, confronted with a paucity of breaking news, are desperate to publish “informed opinions” and comments from any public or private sector big name they can find. This week a...

The more you look, the more you lose

How many times a day, week, month or year do you check your tax-deferred savings account? Did you know that the more you look, the higher your chances of losing money? For most of us, once a year is more than enough. There are clients of mine that check their...

Three in one

On Thursday, all three U.S. benchmark averages—the S&P 500, NASDAQ and the Dow Jones Industrial Average—registered historical new highs on the same day. You don’t want to know what happened the last time this happened. That was in 1999. The year after ushered in...