We have Italian elections in early March. The Germans still haven’t formed a government, and the AfD have 13% (the fictional TV series Berlin Station predicted a 13% vote for the fictional analogue PfD). All the data is good and synchronized. It really can’t get any better than this. Investors are more bullish than at

Markets did very well in 2017 and are off to a very strong start for 2018. Are you happy with conditions? The economy is as strong as it has ever been in the last 10 years. We’ve had bouts and pockets of strength but the current expansion is as broad as it is deep. Europe

Financial markets began 2018 with a surge. Equity markets closed on or exceeded historical highs, credit spreads tightened and sovereign bonds sold off. Commodities rallied with emerging market currencies as the USD sank. The first week of 2018 appeared to indicate continued risk appetite and exuberant sentiment, with some good reasons and some cautions. We

For most people, a simple investment strategy is best. Complex investment strategies with ambitious objectives, whether they are loss reduction, returns enhancement, volatility targeting, alpha generation, et al, are luxuries with associated cost. Here are some simple rules that investors of all levels of sophistication should follow.  Invest early and keep it simple. Take more

The TPP was President Obama’s trade pact designed to be a counterbalance to the surging influence of China. It was designed to exclude China. When President Trump decided to turn away from TPP he provided China with a strategic opening. China has been building bridges as the US was busy building walls, or trying to