Pacific Park Financial Inc.

The U.S. stock market has rarely notched 150 trading days without back-to-back 0.5%-plus declines. It happened on one occasion prior to the financial crisis in 2007. It also occurred once in the...

I have quite a few clients in their eighties and a number in their late eighties. That is not particularly surprising when your client base is chock-full of retirees and near retirees.What did...

Stock market bearishness is practically extinct. You would have to travel back in time to 1987 to find a greater level of disparity between investment adviser bulls (64.4%) and bears (13.3%). The...

Richard Russell, an exceptionally well-regarded Dow Theorist, explained that a stock market can do absolutely anything over short periods of time. Yet, over longer periods, the greatest certainty is...

Over the last decade, the most influential central banks around the world have printed electronic currency credits to acquire $14 trillion in assets. The effect on stocks, bonds and real estate?...

Scores of extremely bullish investors insist that the financial markets today do not resemble the technology stock craze near the tail end of the late 1990s. That position is getting more difficult to...

Since the Great Recession, each time that the U.S. economy bogged down, the U.S. Federal Reserve began printing additional electronic dollar credits to acquire billions in assets (a.k.a....

When I co-hosted a national talk radio show in 2000, tech stock inquiries came furious and fast. JDSU or Sun Micro? Powerwave or Cisco? Webvan or theGlobe.com?Few expressed concern about a recession....

I readily acknowledge that I know precious little about the world of art. In fact, I would struggle to distinguish Picasso from Velazquez, Van Gogh from Monet, or DaVinci from Rembrandt.On the other...

I may not be a passionate fan when it comes to America’s pastime. Still, baseball is serving up a seventh game of a World Series. It rarely gets better than that. Who would have imagined that...

It does not matter what you call it or how you explain it. The Trump Trade. A tax reform rally. Heck, you can attribute the longest S&P 500 uptrend in history without a 3% pullback to global...

Those who do not wish to draw any parallels between today’s stock market and the 1999-2000 tech stock bubble typically claim that “all of those turn-of-the-century dot-coms weren’t...

Back in 1999, low inflation and fabulous headline unemployment (<5%) warranted a Federal Reserve overnight lending rate of 5.0%. Today, low inflation and desirable headline unemployment (<5%)...

I asked my vice president at Pacific Park Financial if he thought that anything might wobble the stock market. Rob said, “Extra-terrestrials could invade the planet. That MIGHT send the Dow down...

This week, CNBC’s Kelly Evans interviewed one of the most well-respected billionaire hedge fund managers in history, Julian Robertson. The co-founder of Tiger Management discussed global central...

In the current business cycle, the Treasury bond yield curve has rarely been flatter. The spread between 30s and 2s is a paltry 1.4% and the spread between 10s and 2s is a meager 0.8%. Historically,...