New Era of 401k Transparency
This past week marked the official beginning of a new era of transparency for 401(k) plans – mandated by new U.S. Labor Department requirements. Thursday …
Read MoreThis past week marked the official beginning of a new era of transparency for 401(k) plans – mandated by new U.S. Labor Department requirements. Thursday …
Read MoreI’m sure that, like me, you’ve received countless messages from someone offering an intriguing (often bizarre) story. Each story is slightly different – …
Read MoreConsider this imaginary setting: It is the first week of January, 2012, and you are sitting at a meeting of investors and Wall Street fund managers listening …
Read MorePhoto by Donkeyhotey, licensed through Creative Commons Goldman admits to that its honesty and integrity is mere “puffery” (Judge insults George Orwell) …
Read MoreA historically significant development occurred in late July that flew under most people’s radar. IBM offered $1 billion of 10-year corporate bonds on …
Read MoreRemember the long months of “run-up” to the Facebook initial public offering? Some supposed “experts” were touting it as the next great success story …
Read MoreIn Part I, we highlighted Harry Houdini’s famous premise about magic – that an audience is always more impressed when a magician makes something disappear, …
Read MoreThe world famous magician, Harry Houdini, once said that people would always be more impressed when he made something disappear than when he made …
Read MoreBut my gut response was to eschew iron condors. Why? Look at this chart: The first thing I notice is that the volatility is in the absolute basement. …
Read MoreAs much as I’d like to see a sell off in the market – just to get some volatility back; and as much as I think the $SPX is ready for at least a slight …
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