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A New Investment Outlook

Is It Really Different This Time?Well, sort of – and that makes all the difference.Interest rates are at zero, and worldwide markets assume that will change little for sometime to come. Global coordinated monetary and fiscal policy are spiraling interest ratesto this...

Beware of Experts

“There is no one more despicable than one who knows he knows.” (Oliver Wendell Holmes) Opinions about facts are not facts. Look at the facts not the opinion about the facts. Anyone holding themselves out as an expert has, most likely, a very deep but narrow knowledge...