I love this time of year. It’s good that I’m not diabetic because my consumption of candy canes, gingerbread cookies, hot chocolate and virtually anything else you can think of that’s loaded with processed sugar goes through the roof. But between shopping and Christmas parties, we still have to squeeze in a little time for...Read More

The Dow dropped more than 500 points on Monday… only to finish the day in positive territory.Now, even a few months ago, a massive swing like that would have been news. It would have had investors swapping stories and likely high-fiving each other.These days, it’s just par for the course. In fact, Monday’s swing was...Read More

Remember, remember the Fifth of November, The Gunpowder Treason and Plot, I know of no reason Why the Gunpowder Treason Should ever be forgot. Guy Fawkes, Guy Fawkes, ’twas his intent To blow up the King and Parli’ment. Three-score barrels of powder below To prove old England’s overthrow; By God’s mercy he was catch’d With...Read More

I’m going to keep this short because I’m putting the finishing touches on my presentation for later this week at the Irrational Economic Summit in Austin. Though I have no love for the University of Texas (the Longhorns humiliated my beloved TCU Horned Frogs in a 31-16 rout last month), I’m excited to be headed...Read More

Most think of it as the “bull market in everything.” But the past decade has been anything but a bull market for my favorite sector. In fact, prices today are sitting at 2006 levels… and this despite the most accommodative Federal Reserve policies in history over most of this period. Prices started to sag in...Read More