by don.gould | Jul 19, 2013 | Uncategorized
by Don Gould The City of Detroit, burdened by huge financial obligations it cannot meet, declared bankruptcy yesterday. This was no surprise—the city’s industrial base and population have been shrinking for decades. Still, for investors, it’s a reminder that lending...
by don.gould | Jul 19, 2013 | Uncategorized
by Don Gould Note: This post is an excerpt from Gould Asset Management’s Economic and Market Review for the Second Quarter of 2013, the entirety of which can be found here. We’ve reprinted it here for the benefit of our blog subscribers. The run-up in...
by don.gould | Jun 26, 2013 | Uncategorized
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...
by don.gould | Nov 9, 2012 | Uncategorized
by Don Gould The campaigns are finally over and the results are in. In the game of political gridlock (or compromise), Washington will field the same players for another two years at least. Fiscal Cliff in Focus Investors woke up Wednesday morning, November 7, and...
by don.gould | Sep 24, 2012 | Uncategorized
by Don Gould Like Pavlov’s famous dog, the markets now seem conditioned to lurch upward every time Fed Chairman Ben Bernanke rings his easy money bell. (A similar story could be written about the European Central Bank and its chairman, Mario Draghi.) I find this...
by don.gould | Aug 6, 2012 | Uncategorized
by Don Gould The last two US bear markets – 2000-2002 and 2007-2009 – saw the stock market lose about half its value in each instance. Investors with balanced portfolios – some mix of equities and fixed-income – fared much better than those invested mostly or...
