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Today is May 6, 2013, and Tom put together a market update video to explain current market conditions. The purpose of this video is to bring you up to speed because what you may have been reading in the headlines is not always true. As you have probably heard Tom talk about before, there [...]
In a somewhat surprising announcement this week, the Carlyle Group announced they were lowering minimums for individuals to invest with them, from $5 million to just $50,000. Not familiar with the Carlyle Group? Carlyle is one of the largest private equity firms today. Like a pure hedge fund, Carlyle’s essential business (since it was created [...]
This week, Japan announced a massive quantitative easing program, mirroring the quantitative easing program currently running here in the United States. The program in Japan is actually significantly larger than many in the market expected. As Barry Ritholtz mentioned in a Marketwatch interview, “this is action Japan should have taken twenty years ago.” If past [...]
We are starting to wonder if the Euro is driving the US stock markets. We had a profound 200 point sell-off in the Dow Jones yesterday (February 25, 2013), and the selling appeared to accelerate throughout the afternoon. Yes, there are a lot of active traders who are quick on the trigger, trying to book [...]
Is The Stock Market Too High?
We have been getting a lot of calls asking: Is the stock market too high? There is an old story how Joe Kennedy knew (back in the 1920′s) it was time to get out of stocks when a shoe shine boy gave him stock tips. Nearly a hundred years later, folks are still trying to [...]