In a stark contrast to the investment returns of 2018, 2019 flew out of the gate and never looked back. In 2019, it was difficult to find an asset class that did not perform well. Baron Rothschild once said, “Buy when there's blood in the streets, even if the blood is your own.” There was blood in the streets heading into 2019. Global…
Read MoreMost economists know forecasting the timing of a recession is a fool’s errand. I knew this in 2017 when I told clients I expected the stock market to climb higher until our next recession which may occur in the first quarter of 2020. Would I end up feeling foolish if my assertions did not hold true? Of course not. A lot can change in three years…
Read MoreWith all the talk of the fed cutting interest rates in the news recently, and with the historically low employment numbers I decided to ask the question, can the Federal Reserve achieve the other half of their dual-mandate and…
Read MoreToday, IMF Managing Director Christine Lagarde shared her thoughts on the global economy during the United States 2019 Article IV Press Conference. For those not aware, the IMF is the International Monetary Fund which is an…
Read MoreAfter a long hiatus, the final season of the HBO series, Game of Thrones airs tonight! The exuberance of those waiting for the final season now resembles the excitement of stock market investors digesting the prospect of the Fed cutting interest rates. There are a lot of moving parts and important characters to follow in this final season.
Read MoreIf Muhammad Ali was an investment strategist, he may have said, “An investor that views the stock market in 2018 as they did in 2017 has wasted thirty years of market data.” At Noble Wealth Partners, do we view 2019 as we did in 2018?
Read MoreIn late 2016, I joined a financial advisory practice located inside a high-rise building in the heart of the Denver Tech Center. Within my first few months I found out the top clients of the practice had allocated an imprudent amount of their wealth to different BDC (Business Development Companies) vehicles. These vehicles were born from yield-
Read MoreToday, we are facing a retirement savings pandemic - a “Randemic.” But why? You work, you save, you retire. Simple….right? Well - not exactly. To save for our retirement, we have to fight the urge to spend our money as we earn it, and defer the enjoyment of our hard-earned money in hopes that our
Read MoreLast week, Thanksgiving reminded me there are many things to be thankful for. Most importantly – friends, family, food, and shelter. Us Americans should also be grateful for a strong job market, a healthy economy, and tariff-free turkeys. As we near the longest expansion in U.S. history, just behind
Read MoreOne of the most fundamental aspects of economics and money is the relationship between supply and demand and its effect on prices. When the stock market reaches certain valuations, sometimes there just aren't enough buyers (i.e. demand) at those new, higher prices. This means, the market can go down
Read MoreHave you been watching the markets the past few days? Harrowing!
If you’re like many people you may be currently recovering from the damage the headlines did to your heart.
And that’s understandable. News stations screaming that…
Read MoreMany pride themselves in their extraordinary abilities to spot and exploit real estate investing opportunities. Can they actually build returns sufficient to justify the inherent risk or is this flawed thinking?
Read MoreWe are officially in the midst of the longest bull market ever for the S&P 500 (by one measure). Before you start running for the exit, remember, bull markets don't die of old age, they die of excesses.
Read MoreFor those of you not familiar with the escalating tensions in Turkey, this short article is for you. Turkey is a prime example of what happens when emerging economies overextend their balance sheets, and
Read MoreThere is a really entertaining person to follow on Twitter that goes by the name of Plan Maestro (@PlanMaestro) and he/she publishes a tweet storm every weekend called chartstravaganza.
Read MoreDo you have an advisor that talked you into buying business development companies (known as BDCs), leveraged loans, or senior loans? It’s a good time to ask yourself if they understood what you would be risking when they made the recommendation?
Read MoreIn 1994, the Agreement on the European Economic Area (EEA) was created to bring together 31 countries (including the United Kingdom) and foster growth across the region. Since the United Kingdom (UK) entered this agreement, UK GDP growth has decelerated, wage growth has become anemic, and the residents of Britain have…
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