Michael Lebowitz

The stock market is an essential cornerstone of capitalism, not a game of roulette. Well-functioning and free capital markets properly … Read more

Following the end of each fiscal quarter, SEC registered corporations release their financial statements. Typically, investors and the media place … Read more

Market Returns & Asset Valuations – Perception Versus Reality When asset valuations are extended well beyond historical norms, as they … Read more

The Flawed Logic Of Inflation “To me, a wise and humane policy is occasionally to let inflation rise even when … Read more

The QE Premium It has been eight years since the great financial crisis of 2008, and the Federal Reserve (Fed) … Read more

Hedging Benefits Of Bonds – Diversify At Your Own Risk by 720 Global In “What Me Worry” we noted that … Read more

GDP Growth Trend – Even Less Than Meets The Eye The most common statistic used to measure the size and … Read more

Financial Markets – Bubbles And Elevators Volumes have been written on behavioral finance and the seemingly “irrational” decisions investors tend … Read more

Bond Yields – “Mm Mm Good” — But Very Expensive by 720 Global No U.S. bond trader under the age … Read more

Another Warning In The GDP Growth Data On Friday July 29th, 2016, the Bureau of Economic Analysis (BEA) released the … Read more