Part 2 of 2When legendary value investor Jeremy Grantham turned 80 he made two resolutions: “to be prepared to write a cheque up to the limits of your ability”, and to “say what you think you should say to everybody”. He is following through on both commitments. He is saying what he thinks he should […]
Podcast
The Bull Market: A Bubble of “Epic Proportions”
We are celebrating the launch of WEALTHTRACK’s18th season on public television this week! We feel so fortunate to serve you. When WEALTHTRACK launched in July of 2005 our mission was to help our audience and ourselves build financial security to last a lifetime through disciplined, long-term, diversified investing. We vowed to seek out the best […]
Investing in a Speculative Market: Thoughts From “The Intelligent Investor”
For financial historians and serious market observers, the current era has all the signs of a developing market bubble.Money is abundant, a wide range of financial assets have risen to record or near-record levels, and enormous amounts of money are flowing into stocks. Private equity funds are flourishing and bonds continue to attract huge sums. […]
Economic Recovery: Massive Problems Ahead [2021]
How strong and lasting is the current rebound we are seeing in the economy? What about the resurgence in inflation? Those are major debates raging on Wall Street right now. This week’s WEALTHTRACK guest is looking beyond the current rebound and focusing on what he sees as massive problems which will act as drags on […]
Inflation Is Temporary: Bullishness on the Economy & Markets Is Wrong
The consensus for the economy is bullish. After a 6.4% annualized increase in real GDP, that’s without inflation, in the first quarter, recent forecasts are for 10% GDP growth in the second quarter, 7.5% in the 3rd, and 5% in the fourth.As for inflation expectations, they are up. Again the consensus is that the combination […]
New Opportunities and Challenges for Bond Investors
Times they are a-changin’…With COVID vaccinations becoming widespread, savings rates high, and consumers ready to spend, the economy is reopening and rebounding with gusto. All of these developments are creating new opportunities and challenges for bond investors. Bond prices fall when interest rates rise and vice versa. After a 40-year bull market in bonds, with […]
