For What It's Worth Blog

  The confrontation between President Trump, Vice President Vance, and President Zelenskyy was traumatic. It’s astounding to me that anti-Trump media pundits and politicians are quick to bl … read more

Tactical fixed income investing begins with understanding what the investor intends the fixed income securities to do for the overall portfolio. Here’s the first decision to be made: Are they se … read more

It’s been a while since FWIW #45. The primary reason is fatigue from writing about the Fed, its collusion with the political administration and Congress, and its role in creating inflation. I’m going … read more

When I first thought about a career in investing, my research led me to a book, Extraordinary Popular Delusions and the Madness of Crowds by Charles Mackay, with a foreword by Bernard M. Baruch, th … read more

Is this it? Last week and early this week, volatility caused a crumbling of the foundation for stock prices. Will it continue? No one knows. What is the cause? A combination of factors. Financial c … read more