Mohamed El-Erian on the Election

by Marilou Long on October 26, 2016

in Investment Strategies,politics

I tend to agree with Mr. El-Erian’s thoughts on the market’s reaction to the election in this article from Business Insider.  From the linked article:

Garber: How do you think the election will impact markets?

El-Erian: The greatest impact would come from the materialization, as unlikely as this currently is, of one of the two tails – a clean sweep, with Democrats gaining control of both houses of Congress and of the White House; or, at the other end, Donald Trump winning the presidency and immediately moving to impose punishing trade tariffs on China and Mexico.

If either of these possibilities were to transpire, markets would experience the type of behavior that followed the Brexit referendum in June.

Apart from these two extremes, markets should be able to take the results of the election in stride.


The Battle for Mosul

by Marilou Long on October 18, 2016 in Geopolitical

Geopolitical Futures published an interesting article today titled “The Harsh Reality Behind the Battle for Mosul”. From the conclusion of the linked article: The U.S. thought it was building a liberal democracy in Iraq. It helped Iraq draft a constitution, and Iraq even has a functioning Supreme Court. But the U.S. forgot that liberal democracy is not […]

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Haiti and Israel

by Laura Ehrenberg-Chesler on October 11, 2016 in Israel

At this special time of year for the Jewish people, I thought it would be appropriate to highlight how the Jewish State is helping, and has been helping, in Haiti for the past six years. Happy New Year to all of our Jewish friends and clients. Israelis didn’t have far to go in the rush […]

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A Timely Reminder about Politics

by Marilou Long on October 4, 2016 in Investment Strategies
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Tribute to Shimon Peres

by Laura Ehrenberg-Chesler on September 29, 2016 in Israel

This morning George Friedman wrote a beautiful tribute to Shimon Peres. I thought it was worth reposting a portion from his concluding paragraph. “Peres saw the destruction of European Jewry happen before his eyes, and he set out to serve his new nation with all of his heart and all of his soul and all […]

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The Incredible Public Debt Burden

by Laura Ehrenberg-Chesler on September 27, 2016 in Debt

The excerpt below is from Ed Yardeni today. It really is an incredible public debt burden, and I am not sure how we pay it back. Particularly with such low, slow domestic growth. “Golden years. We probably need to increase the retirement age to 72, but that won’t fly with the AARP lobby. Neither HRC […]

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The Bottom is in for Interest Rates

by Laura Ehrenberg-Chesler on September 22, 2016 in Bonds

According to Jeffrey Gundlach, the bond guru at Double Line Funds, the low has been seen for this cycle in interest rates. Here he is on CNBC:

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What is Aleppo?

by Marilou Long on September 20, 2016 in Geopolitical

George Friedman, the founder of Geopolitical Futures, is also a guest editor for Mauldin Economics.  His recent post on their website titled “Why Syria Matters to You” is a very good historical explanation of what is going on in Syria right now.  From the linked article: The current regime was founded by Hafez al-Assad, an air […]

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Sector Rotation from Ed Yardeni

by Laura Ehrenberg-Chesler on September 15, 2016 in equity market

Ed Yarden’s research piece this morning highlighted the major sector rotation that has been underway the past few weeks. I thought it was worth posting to our blog today. It is very revealing, and helpful, for analyzing performance this year. “Conversely, the sectors to which investors flocked for income earlier this year–Utilities, Consumer Staples, and […]

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The Man With the Red Bandana

by Marilou Long on September 9, 2016 in Tribute

It’s hard to believe that we are still learning stories of amazing heroism fifteen years after the Twin Towers were brought down on 9/11.  I found this article from the New York Post very moving. Welles Crowther, a twenty four year old banker at Sandler O’Neill, died on 9/11.  His parents talked to survivors and pieced […]

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