Columnists John Grace Opinion

ON THE MONEY: New year brings new risks for those testing the market

2019 was a terrific year for investors on everything, everywhere. The first trading day in 2020 started off with a bang followed by a killing that should scare unprepared investors. Rather than fundamentals, last year’s market was built on hope, easy money, and stock buybacks. Please let me remind you what I said on more Read More…

Columnists John Grace Opinion

ON THE MONEY: Ready for a market correction? Probably not

What it takes to be a successful investor these days can be summarized in four words: bigger gambles, lower returns. It used to be the case that reducing risk was accomplished by holding bonds. Now the job of risk reduction has simply become more complicated. Former Lehman Brothers analyst Brian Sozzi asked and answered a Read More…

Columnists John Grace Opinion

ON THE MONEY: The greatest economy ever is not happening now

Whether or not you thought a fed move on interest rates would greenlight a brilliant move or cause for some improvement on the economic dial, the accompanying graph tells the whole story. What you see is an entrenched, self-interested, and Acela Corridor-dominated global elite that has turned the entire apparatus for its own devices. The Read More…