The Money Runner
Healthcare – “Life is hard, but it’s even harder when you’re stupid”
By David Nelson, CFA The Senate healthcare bill, now on hold till after the July 4th break triggers partisan rhetoric across the print and broadcast media. The challenges of an aging population and the increased drain on social backstops like Medicaid & Medicare have pushed the system to the limit and can no longer be put […]
Recession Obsession
By David Nelson, CFA I look at my watch, it’s already noon as I go through my Sunday reads getting ready for the start of trading Monday. Every week seems to have a theme and it looks like the obsession this week, is what the next recession will look like. On Friday, the Bank of […]
Facebook – There’s nothing social about social media
By David Nelson, CFA The year is 1970. The United States is in the middle of an unpopular war, Kent State is fresh in our minds, Janis Joplin is found dead from a heroin overdose and U.S. markets are entering a decade that financial professionals still with us would like to forget. …Evolution, revolution, gun […]
Trump to Privatize Air Traffic Control – Bring It On!
By David Nelson, CFA I’m at 33,000 feet aboard Jet Blue’s flight from JFK to Albuquerque New Mexico. After sitting on the taxi way number 26 for take-off and a 90 minute delay I thought the timing was perfect to put together some talking points regarding the President’s proposal to move Air Traffic Control from […]
The Glass is Half Empty – 2 Charts That Prove It!
The Glass is Half Empty – 2 Charts that prove it By David Nelson, CFA Despite a Washington backdrop that continues to drag on investor sentiment, markets around the world powered higher following a brief reset after the leak of former FBI Director James Comey’s memo. Leadership continues to narrow into a handful of names […]
Bonds Aren’t Following the Bull Market Script
By David Nelson, CFA With equity markets (SPY) at all-time highs investors are searching for any signal that could give them an advance warning to pull the rip cord. Even in the face of a paralyzed Washington traders have stepped in to buy each and every dip. Tax reform and other market friendly initiatives have […]
The Greatest Show on Earth
By David Nelson, CFA After 146 years the Greatest Show on Earth Ringling Bros. took its final bow. The lions, tigers and bears along with an army of circus performers and technicians end a tradition that first had its roots in 1871 under showman P.T. Barnum. Don’t worry circus fans. Thrills still await just east […]
Tug of War – Investors Caught in the Middle
By David Nelson, CFA Investors seem to have stumbled into the middle of a good old fashioned Tug of War. On one side strong corporate earnings, sales and margins look to push stocks higher. On the other is a paralyzed Washington as both sides of the aisle believe the only thing that matters is I […]
