My pal Jon Krinksy at MKM Partners put out a note this morning assessing the technical damage that was done to the market last week. He notes that the uptrend from 2011 for the SPX is still intact, but he doesn’t believe we’ve seen the lows for the current sell-off just yet. 1750 strikes him…

How about this one: One-Quarter (25%) of Former Employer-Sponsored Retirement Plan Owner Assets Remain Dormant One in ten (9%) investors with at least $100,000 in investable assets is likely to roll over a total estimated $280 billion into IRAs this year. One in four (24%) investors has at least one retirement plan with a previous…

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“When you appeared in this world, you cried and all the people around you rejoiced. You have to live your life in such a way that when you leave this world, you will rejoice, and the people around you will cry. – Indian Wisdom  

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One of the most important philosophical constructs ever created to explain markets is the Theory of Reflexivity by George Soros. The basic idea behind Reflexivity is that values in the investment markets can create their own fundamentals in the real world. In other words, higher stock prices in a given market or sector can lead…

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My new post at The Daily Beast takes on the notion that Jamie Dimon is “overpaid” as the CEO of Wall Street’s largest bank, JP Morgan. People making that claim don’t quite understand how capitalism works. Dimon serves the shareholders and the shareholders couldn’t possibly be more taken care of than they are right now….

Three years ago I attended a WisdomTree cocktail party on the second floor of the Nasdaq Marketsite in Times Square. I think they were celebrating a billion under management or maybe it was ten, it’s a long time ago. Anyway, other than my friend Marissa Campise, I didn’t know anyone there. But I noticed one…