What happened last week.What were watching for next week.[The 1-Minute Market Report is brought to you by Brawndo. Its got what plants crave electrolytes.]Ruh Roh. Was that punk employment report a shot across the bow of this historically long economic expansion?Ruh RohMost of you know that the employment report on March 1 was a []

Conventional Wisdom Says That Buy & Hold Is The Best Investment Strategy For YouBut is it? How does the conventional wisdom know whats the best approach for you? If you consider yourself a buy & hold investor, let me ask you this. Has Buy & Hold delivered the results you need? If not, maybe it []

The following is a recap of a dream I had a few months ago. I think it might be instructive.A Martian (lets call him Floyd) lands his spacecraft on the outskirts of Omaha, Nebraska and one of the first thing he does after hiding his ride is to saunter into the nearest Charles Schwab storefront []

Welcome to the Global PlutonomyIn 2005 Citigroup published a controversial equity research piece that described what they termed the Plutonomy. The authors, Ajay Kapur, Niall Macleod, and Narendra Singh, presented a very detailed description of what a Plutonomy is, how it came to be, how sustainable it might be, and perhaps more to the point []

Smart people usually dont say dumb things for no reason. Heres what a prominent psychologist who has studied this phenomenon has to say about it. The following is from Travis Bradberry, PhD. 1. Smart people are often overconfident. A lifetime of praise and pats on the back leads smart people to develop an unflappable faith []

These are the headlines and articles that remind us of how foolish it is to make predictions about the short-term direction of the stock market.Todays Dumb Thing said by a smart person comes from David Stockman, the man who invented Reaganomics in the 1980s. As former head of the Office of Management and Budget, this []

What happened last week.What were watching for next week.There is a showdown coming for this marketThe market is setting up for a classic, bare-knuckle brawl between the bulls and the bears. Or, as I like to call them, the dip-buyers and the rally-sellers. These two tribes rarely face a confrontation as fraught as what were []

Today we kick off a new seriesthat highlights thedumbest things that smart people in the financial industry have to say. Many famous and not-so-famous financial pundits are going to get skewered in this series. To them I say, dont forget that this series is intended to entertain and educate investors about the humorous and ironic []

Ultra High Net Worth InvestorsIf you are what the investment industry calls an Ultra High Net Worth investor, it means you have $30 million or more invested in the capital markets. Congratulations. You got 32.4% of the $5 trillion that was created during the Christmas Rally.There are 108,740 Ultra High Net Worth investors in the []

Youve heard it before: There are three kinds of lies: there are lies, there are damn lies, and then there are statistics.87% of Americans believe that it was Mark Twain who said this. Well, thats just another statistic, right? Is it one of Mark Twains three kinds of lies? Or is it the truth?This article []

Have we seen the top of this glorious and historic bull market?