Think Twice before Listening to the Pessimists

During these post-Brexit days when hanging crepe seems to be the favorite pastime, one has to wonder why so many folks default to gloom-and-doom scenarios. Morgan Housel of The Motley Fool explains it this way: “Pessimism isn’t just more common than optimism, it also sounds smarter.” When it comes to investing, Housel differentiates between perceptions […]

Chuck Royce – 4 Decade Small Cap Manager Talks Value’s Ultimate Rebound and the Downside of Indexing

Chuck Royce, small cap stock picker and pioneer, recently sat down with Consuelo Mack of WealthTrack to discuss his thoughts on the recent slump of value vs. growth stocks as well as his firm’s process for sourcing new investment ideas. Royce, who has been in the investment management business since 1972, explains that small cap […]

Brexit Backlash on U.S. Economy

Although top finance officials claim the damage caused by the U.K.’s exit from the EU isn’t enough to trigger the U.S. into a contraction, a falling pound and euro could cause the dollar to surge and further dampen demand for American exports. This according to last Friday’s article in the Wall Street Journal. The U.K.’s […]

Allianz’s El-Erian Discusses Brexit

According to Mohamed El-Erian, chief economic adviser at Allianz, there is a common thread running through Brexit, claims of inconsistency in the Fed’s actions, the rise of negative interest rates and ‘strange politics”. Investment News reports that, in a recent media briefing, he described the commonality as “advanced economies’ inability to grow in an inclusive […]

The S&P 500: Read the Fine Print

If you’re making an argument for passive investing, you’d probably point out that it’s less expensive, it’s tax efficient, and has paid off over long periods of time. In a recent Bloomberg article, columnist Nir Kaissar describes the S&P 500 (the first index fund) as the “poster child” for passive investing, having returned 11.6% annually […]