Joshua M Brown

There’s more to life than the S&P 500

“Why do I own anything other than the S&P 500?” is the question being asked of thousands of financial advisors across the land, going on two or three years now. With every passing quarter, diversifying away from large cap US stocks seems to make less and less sense to the lay person, who basically judges…

Every bear I know wants that D

I don’t run from the Bear Case, I embrace it, reading as much as possible from the pessimists while keeping my own emotions on an even keel and bearing in mind how infrequently the worst case scenario actually manifests itself. The new bear case is the big D, as in Deflation, and every doomer I…

“the final blow off lower in yields”

Eric Peters seems to be feeling that a major inflection point is at hand – triggered by the Swiss being the first major central bank to throw in the towel on a particular monetary policy by kicking the peg out from under the franc. He sees us on the threshold of a whole lot of unprecedented stuff…

A Change Is Gonna Come

The Last Internationale covers Sam Cooke in honor of Martin Luther King Day – this was one of the most important anthems of the civil rights era. Full story at Diffuser where the video debuted.

Martin

Martin Luther King Jr. conveyed some incredibly moving ideas and left us with a few extraordinary quotations during the course of his life and career. Below are my three favorites. -JB *** “If you can’t fly then run, if you can’t run then walk, if you can’t walk then crawl, but whatever you do you…

QOTD: Podhoretz on Trollbama

At tomorrow night’s State Of The Union addresss, the President will unveil his new plan to raise taxes on high income earners, high net worth investors and financial institutions with over $50 billion in assets. The general idea will be to hike the taxes on capital gains up to 28% for households earning over $500,000 per…