Here is the article based on my interview with CNBC’s European Closing Bell from May 1. http://www.cnbc.com/id/47243367 The 2012 bull market still has further to run, according to Paul Schatz, president of Heritage Capital, an independent investment banking and advisory firm. Instead of a major selloff, Schatz believes that the equity markets will only peak later on in the year, or early in 2013. But he’s undecided about whether this will incorporate a “sell in May and go away” mantra. […]
Read More
I am going to be on CNBC’s Closing Bell with Maria & Bill at 3:10pm today discussing (defending) why I am the only treasury bond bull left on earth!
Read More
Long time readers know how critical I was of how the whole New Alliance Bank merger with First Niagra went. While it was a good deal at the time for shareholders, their CEO and the bank said one thing over and over, yet their actions did the opposite. http://www.ctpost.com/news/article/Former-NewAlliance-CEO-taking-over-at-BNC-3492708.php New Canaan-based BNC Financial Inc., a $500 million institution, has hired Peyton R. Patterson, former NewAlliance chief executive officer, to lead an expansion that one day could include a public offering. BNC […]
Read More
My negative Apple segment on Yahoo’s Breakout continues to be picked up by other websites… http://blog.experts-exchange.com/ee-tech-news/is-apple-in-trouble-aapl-apple-stock/ After a historic rise to nearly $650 per share, Apple stockhas dipped back below the $600 mark after a steady decline over the past week. As a result, the soothsayers have unsurprisingly emerged from the woodwork with their less-than-certain predictions about the company’s future. And somewhat ironically, I’m going to make one of my own. But first, let’s see what everyone else is saying. […]
Read More
It’s amazing that every time I take the unpopular view on the market, a sector, a general security or a stock, people come out of the woodwork to so easily dismiss the majority view as implausible or crazy, which is fine. Everyone is entitled to their own opinion and I have always believed that respectful and constructive disagreement is healthy communication. The “problem” is that it usually and eventually leads to personal attacks or worse from anonymous cowards sitting behind […]
Read More
In my bi-weekly interview with my friends from ET NOW in India, I continue to share my long-term view that Europe’s debt problems are not going away anytime soon. Although that may seem bad on the surface, markets have a way of discounting known and anticipated news into current prices. Remember 2008? Who could forget it?!?! The stock market turned down long before the economy and news. And right at THE bottom in March 2009, the news was about as […]
Read More
Here is the second video I did with the folks from Yahoo! at their beautiful new studio in the city. Anytime there are bold statements on gold, people come out of the woodwork to comment. And I would be surprised if they aren’t at least 100 comments by the time you read this. One of the great myths is that gold goes up when there is inflation. I think the 1990s is the perfect example of why that isn’t true. […]
Read More
I had a great time with the folks at Yahoo! yesterday in New York in their brand spanking new studio. We tape three fairly controversial segments and Matt Nesto knew exactly how to bait me just right! Here is the first piece. Enjoy! http://finance.yahoo.com/blogs/breakout/move-bernanke-qe3-115057583.html#more-13067 In case you missed it, The House of Mirrors has officially taken the place of The Earnings & Fundamental Palace on Wall Street. I say this at a time when the aspirations and way forward for […]
Read More
Last week on CNBC I commented on how investors and the media are way too concerned about one less than expected jobs report from Friday, just like they were way too celebratory last month. While I am glad we raised cash a few weeks, I plan to redeploy that this quarter into weakness. Give a look… http://video.cnbc.com/gallery/?video=3000083018&play=1
Read More
Here is the latest Street$marts. http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120405.pdf
Read More
http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120325.pdf
Read More
http://www.investfortomorrow.com/newsletter/CurrentStreet$marts20120309.pdf
Read More
Tune in to CNBC’s Squawk Box on Monday between 6:00am and 6:10am to hear my reaction to crummy jobs numbers that were reported on Friday when the markets were closed. I have already heard calls that the bull market has peaked and the economy is rolling over. Have they?
Read More
Here is the text portion of an interview I did with ET NOW from India last night. http://economictimes.indiatimes.com/opinion/interviews/you-will-see-a-fed-balance-sheet-in-excess-of-5-trillion-paul-schatz-heritage-capital-llc/articleshow/12467745.cms
Read More
If you are up early, I will be on CNBC’s Worldwide Exchange at 5:50am on Wednesday, March 21.
Read More
The lives of the “rich and famous” tend to be quite a bit different from the lives of the merely “rich.” In fact, studies show that being rich often results from a rather low-profile lifestyle. With that said, if you want to live the life of a millionaire, here’s your guide: Work hard. According to ”The Millionaire Next Door,” by Thomas Stanley and William Danko, 80% of the millionaires worked and saved to generate their wealth and 80% of them […]
Read More
As of 2008, deposits in FDIC member banks are insured by the Federal Depository Insurance Corporation up to $250,000 per individual. Because an “individual” is defined in a number of different ways, your accounts can be insured well in excess of $250,000 at the same bank, if they are structured under different ownership forms and, if applicable, beneficiary designations. FDIC coverage is $250,000 for the total of all single accounts owned by the same person at the same insured bank. […]
Read More
Tune in to FOX61’s Money Matters on Tuesday March 13 between 9am and 10am for my updated Top 5 Tips for Investors in 2012.
Read More
BONUS TIP – Dividend paying stocks are NOT substitutes for bonds Over the years, investors’ attachment to dividends has swung from being the Holy Grail to the worst use of capital in the markets. And that typically depends on how well or poorly the stock market did the previous year or two. In the late 1990s, dividend investors were laughed at as “out of touch” and “very old school” while the dotcom mania was in full swing. Yet after a […]
Read More
It’s amazing how powerful the turn of the calendar can be. New Year’s resolutions dominate the landscape with all of the weight loss programs and workout products at the top of the list. I’ve never been a huge “resolution” person, probably since there’s just too much I need to change and it’s a little overwhelming! But each year, I may pick one single project that needs to get done and is manageable. Last year, my office resolution was to become […]
Read More