Blog

As the global equity and bond markets grind ever higher, abundant signs exist that we are once again living through an asset bubble – or rather a whole series of bubbles in a variety of markets. This makes this period quite interesting, but also quite dangerous.

With equity and bond markets at or near all-time record highs, with all financial assets consistently shrugging off bad – or worse – news as the riskiest of assets continue to find consistent upward bids, we find ourselves in familiar and bubbly territory. » Read more

Everyone knows the odds of winning in a casino are worse than 50% (often much worse depending on the game played). So who wouldn't rush to a casino, where instead, the odds were overwhelmingly in the gambler's favor?

That's the promise of today's stock market, which has been experiencing an aberrantly high percentage of up days all year. Toss your money into the market, and on any given day, you're much likelier to make money than not. » Read more

The Obama administration has come out in support of the idea of exporting U.S. natural gas.  This stance is counterproductive, short-sighted, and if followed will prove harmful to domestic manufacturing (i.e., value generation) – not just now, but for future generations of Americans.

While exporting natural gas would certainly prove to be an economic boon for a very select minority of companies and individuals, it makes no sense from an energy standpoint and undermines our national interests. All it will do is enrich a few, while boosting prices for all domestic consumers and shortchanging the energy and environmental inheritance we pass along to our children. » Read more

Our mission isn't about helping folks amass more money. Or about becoming more "green." Those may be means to our ultimate objective, but they're aren't the end goal. What we're about is enabling prosperity.

So, what do we mean by 'prosperity'? » Read more