Blog Posts

There's no such thing as "passive investing." As Ben Graham defined it in his magnum opus, Security…

"We've never had a decline in house prices on a nationwide basis." -Ben Bernanke, July 2005 Just because something has…

https://youtu.be/k7W_yiRlvGM?t=33m Cummins makes two very important points. First: "Central banks are never independent, they're only varying…

On Friday, the Wall Street Journal officially ran an obituary for the TED spread proclaiming: "The…

"Asset values aren't out of line with historical norms." -Janet Yellen, 9/21/16 "A reliable way…

Marty Fridson, of Standard & Poor's Global Market Intelligence, reports today that on September 8…

"Insanity: doing the same thing over and over again and expecting different results." -Albert Einstein…

A version of this post first appeared on The Felder Report PREMIUM I regularly like…