Monthly Archives: August 2010

Rick appeared on CNBC to talk about Bernanke, Fed policy and the bond market on August 30.

Gentle Ben Bernanke gave a big speech yesterday at Jackson Hole. There were two main themes in the talk. The first was an overview of where the economy has come since the Panic of 2008. In paragraph after paragraph, he gives the little bit of good news, followed by an immediate, "however..." It's the "howevers" that have concerned us and continue to. His rhetorical pattern reminds of dealing with teenagers. "Hey, ...

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Simple words of advice. While it might be tempting to play where all the action is, we've always done well by standing on the curb and watching the craziness whiz by. Investors are piling into long-term bonds, which makes sense only if one believes that inflation has been whipped once and for all and for all time. Sure, inflation is zero (or less) at the moment, and it might stay ...

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Accomplishing something without help can be very satisfing, but sometimes the best decision can be to hire a guide. I’m like many other do-it yourselfers and believe I can accomplish most tasks on my own or with minimal help. With age and experience I have learned to stand back and take a second look. My wife would be the first to tell you I certainly am not capable of accomplishing all home improvement ...

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