The Bernanke Storm

by Don Gould One of the market’s periodic storms washed ashore in earnest last week, with both stocks and bonds tumbling together. Actually, bond prices began their downtrend around May 1, while stocks followed suit about three weeks later. Both stocks and bonds...

Whither the Withering Money Market Fund?

by Don Gould Money market funds, long the parking place of choice for cash balances, now face two existential challenges.  The first is the Fed’s policy of maintaining near-zero interest rates at the short end of the yield curve.  When market yields are less than the...

A Note on Apple Mania

by Don Gould Note: This post first appeared in Gould Asset Management’s Economic and Market Review for the First Quarter of 2012, the entirety of which can be found here.  We’ve reprinted it here for the benefit of our blog subscribers. Apple Inc. is best...

Warren Buffett Punches Out Straw Man

by Don Gould Investing legend Warren Buffett issued his ever-colorful annual letter to shareholders in late February. I can only hope to be going as strong at 81. On pages 17-19, Buffett argues that equities are the least risky asset class because they are most likely...