Disclaimer

Disclaimer. After nearly 40 years managing money for some of the largest life offices and investment managers in the world, I think I have something to offer. But I can't by law give you advice, and I do make mistakes. Remember: the unexpected sometimes happens. Oddly enough, the expected does too, but all too often it takes longer than you thought it would, or on the other hand happens more quickly than you expected. The Goddess of Markets punishes (eventually) greed, folly, laziness and arrogance. No matter how many years you've served Her. Take care. Be humble. And don't blame me.

BTW, clicking on most charts will produce the original-sized, i.e., bigger version.

Sunday, September 29, 2013

US pollies infantile

Once again the Tea Party and the Raving Right want to hold the US to ransom.  Get rid of Obamacare or we won't pass the budget or increase the debt ceiling!  I think they've painted themselves into a corner.  Elections in a November.  Does the public really find these shenanigans edifying or sensible?  Like a bunch of horrid tots throwing tantrums and food.




Cartoon by Bob Gorell

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