October 2012

Debate Stuff

I hope there’s nothing in the Mormon scriptures against kicking major ass because that’s exactly what Romney did last night. Even the Dems and independents had to give it up, that was total domination. CNN’s snap poll found that 67% of voters scored the debate a Romney win, no other candidate has ever scored about…

Market Recon: 10/4/2012

Stephen J. Guilfoyle “Sarge”, is the U.S. Economist at Meridian Equity Partners since 2007. Stephen joined Meridian after a long career at Credit Suisse. Stephen has worked on the trading floor of the NYSE continuously since July 1987 and actively serves as a Sergeant in the National Guard. *** Good Morning, What’s up for today?…

The Triumph of Diversification

In a market meltup, it’s difficult for an advisor to make the case to certain clients that bonds have a place in their portfolios. They look at their bond holdings with disdain during periods where they drag against a runaway stock market. These are the same clients who are furious that they’re fully invested through…

The Kraft Foods – Mondelez Spin-Off: Frequently Asked Questions

Today Kraft Foods (KFT) spins off its global snack business, Mondelez Foods, to investors as a separate publicly traded company under the ticker MDLZ. “Why are they doing this?” Because when you’re as big as Kraft Foods, you get bored and run out of things to do. You certainly can’t grow any larger so the…