Transplanted New Yorker (to South Florida) with career as advisor, principal and consultant in the investment management business for institutions and high net worth individuals on a national basis. Particular interests include real estate, private equity,
+ more bio informationMost TV talking heads have us believing that our short term economic recovery requires us to spend ourselves into financial oblivion. They say that curtailing runaway government spending right now would be repeating the mistake made by the Japanese government in the 1990s, which ultimately caused its economy to flat line int... More..
As the euphoria of averting the collapse of the world's banking system wears off, it is clear that banking's halcyon days have ended and its road to full recovery will likely be long and difficult. The good news is that the Fed is managing to keep the yield curve steep. As a result, banks today are able to borrow money effec... More..
Technology makes the instantaneous and virtually ubiquitous observation of world events possible, but evidence of bias in the news media can make you wonder whether you can believe what you see and hear. World news is being transmitted by a global media through a prism of sometimes deliberate and sometimes inadvertent bias. ... More..
Even with a robust rally since March, the stock market has been net flat for more than a decade, in fact since the tech boom of the mid 1990s. The flat market performance is understandable because the run-up after 9/11 was more the result of financial engineering than it was due to fundamental economic growth. Artificially l... More..
Has it occurred to you that if President Obama is right, everything you thought you knew would be wrong? Are you having trouble wrapping your mind around some of the Obama administration's falsisms about the economy, energy, healthcare, national defense/security and immigration? You're not alone. Some personal favorites are ... More..
Jersey Boys is a documentary-style musical about The Four Seasons, one of the most popular rock and roll bands of the 1960s. The musical's focal point is The Four Seasons' lead singer, Frankie Valli. However, it's his interaction with Tommy DeVito, the group's original driving force, and song composer, Bobby Gaudio, that mak... More..
Manage your career or someone else will! In the opening scene of "Annie Hall," an old movie by master director Woody Allen, Mr. Allen tells a joke in which one elderly lady complains to another about the poor quality of food they've been served, and the other lady agrees but adds that she thinks the portions are too small. M... More..
The president spoke about healthcare reform again yesterday. The president seems to enjoy reciting the same talking points repeatedly, especially the innocuous platitudes everyone agrees with. We all agree healthcare is a huge problem and a major stumbling block for our economic recovery and long term prosperity. We all agre... More..
The odds are mounting against a return to DOW 14,000 anytime soon, which would be a 75% increase from where it stands today. There will be short-term bull rallies, but it seems likely that the bear that gripped the market in 2007 will hold on for many years. The conceptual if rudimentary explanation for my market pessimism, ... More..
The value of global financial assets shrank $50 Trillion during the past two years, half due to the bronco-busting ride in the stock market. Those still standing or with the courage to consider getting back on that horse (or should I say bear?) might consider some of the lessons learned from the harrowing experience: WE LIVE... More..
Joe Del Casino
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