A Year to Remember

by | Jan 13, 2014 | Articles

The U.S. stock market punctuated an extraordinary year with gains on the last trading day, moving many of the American indexes to record highs on the final trading day for only the sixth time in history.  Despite all the uncertainties that we faced (the government...

Bitcoins: Investment or Bust?

by | Jan 12, 2014 | Articles

You may have been hearing lately about an alternative currency known as bitcoins, and the stories tend to be bizarre.  Like, for example, the person who traded in his computer for a newer model and later realized (too late, as it turned out) that the hard drive...

Madoff Reckoning

by | Jan 8, 2014 | Articles

You may have heard the news that JP Morgan settled with  prosecutors (mostly Manhattan US District Attorney’s office) for over $2.0 billion in regards to its role as banker to Bernie Madoff.  After paying this settlement, JPMorgan will have paid out roughly $20...

Behavioral Finance and “Nanny” Provisions

by | Dec 22, 2013 | Articles

One of the most interesting areas of financial research these past ten years has come, oddly, not from economists or investment researchers, but psychologists, who are pioneering a branch of study known as “behavioral finance.”  This has led to one of the...

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