News Fiduciary Posted on August 5, 2015 By Matt There is a silent struggle over the word Fiduciary in the financial services industry. I am biased not only because the firm I work for has a Fiduciary duty to its clients but because I think it’s the ethical thing to do. One of the most frustrating things is discussing investing with… Read more
Greek Crisis Translated Posted on July 13, 2015 By Matt 2001 Greece: Hey can we join the Eurozone? Europe: How is your economy? Greece: I’d say strong to um… quite strong? Europe: Welcome aboard! 2010 Greece: Hey Europe! We’re having a tough time with the financial crisis. Could you lend us some money? Pundits: CONTAGION!!! PIIGS!!! RINGWALL!!! Europe: Sure, this should… Read more
News Selling Greece Posted on July 13, 2015 By Matt Photo by Eastlaketimes As has been the case for every Monday over the last X weeks, Greece is the financial headliner. It was dragged kicking and screaming back to the negotiating table this weekend. Little negotiation was had. A deal was made… but not really. Basically, Europe scolded Greece and everyone decided… Read more
News Leaving the Gyro Posted on June 29, 2015 By Matt It is important to note that in this post I am pronouncing the word gyro as “yee-ro”. This is critical because no one is allowed to pen commentary on the Greek situation (I almost typed ‘tragedy’) without at least a little halfhearted wordplay. The odds of a Grexit keep going up,… Read more
News Wooden Nickels Posted on June 8, 2015June 8, 2015 By Matt When I was younger, my parents would tell me not to take any wooden nickels. I always wondered what that meant. Are there actual people out there trying to pass off wooden currency? Would I really be tempted to accept this fake money? What kind of monster is prowling the… Read more
News Technology Buried Peak Oil Posted on May 26, 2015 By Matt Just before the financial crisis, peak oil was a hot topic. The theory was that demand for oil had permanently outstripped supply and that the commodity would only increase in value going forward as supplies dwindled. Talking heads raced to plant the highest price target as it shot up to… Read more
News Grexit, Graccident, Groverload Posted on May 20, 2015May 21, 2015 By Matt The silver lining in the European financial crisis is how the names of the various countries involved lend themselves so well to plays on words. Portugal, Italy, Ireland, Greece, and Spain were collectively PIIGS. Greece has had the highest profile of all the PIIGS, but I’m not sure if that’s… Read more