Last week, something unusual happened in the financial markets. Actually, “unusual” might be an understatement – we witnessed something that’s about as rare as a triple rainbow. The U.S. stock market, bond market, and dollar all took a nosedive at the same time.Why should you care? Because the last time this happened, it preceded major…
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I am pleased to announce the publication of The Alternative Investment Handbook: A Comprehensive Guide to Analysis and Valuation Methods. This 470-page volume represents the culmination of two years of extensive research into alternative investment vehicles and their practical applications. The handbook provides an in-depth examination of three critical sectors: private credit markets, real estate…
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In light of Federal Reserve Chair Jerome Powell’s recent announcement indicating a downward revision of U.S. economic growth to 1.7% and an upward adjustment of the inflation forecast to 2.7% for this year, investors are increasingly concerned about the potential onset of stagflation—a scenario characterized by sluggish economic growth and elevated inflation.Constructing a resilient investment…
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The market, like any complex adaptive system, tends to create its own momentum. What we’ve witnessed since January 2025 – and particularly during yesterday’s sharp decline on March 10 – offers a fascinating look at how internal market dynamics can amplify external shocks. Understanding the Market’s Internal State Before examining the external triggers, let’s consider…
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The market, like any complex adaptive system, tends to create its own momentum. What we’ve witnessed since January 2025 – and particularly during yesterday’s sharp decline on March 10 – offers a fascinating look at how internal market dynamics can amplify external shocks. Understanding the Market’s Internal State Before examining the external triggers, let’s consider…
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Ever wonder why your carefully planned trades sometimes feel as unpredictable as New York weather? I did too, after a friend’s question about market cycles sent me down a rabbit hole comparing a century of Central Park temperatures with stock market data. What I found might change how you think about trading patterns. The Seductive…
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The US national debt just hit $36.22 trillion on February 14, 2025. Here’s a fresh perspective on solving it:Most discussions about tackling the national debt focus on cutting spending or raising taxes. But there’s another angle we’re not talking about enough: growing our way out of it.The traditional path would be population growth. But let’s…
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Using P/E ratios as a market gauge is smart thinking, and your instinct to diversify is even smarter. Private credit has emerged as an increasingly attractive option, with the market growing to approximately $1.5 trillion at the start of 2024.The NMG Income Fund’s 10% annual return, distributed quarterly, might catch your eye – and for…
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What a year for Wall Street. The S&P 500 just wrapped up 2024 with a stunning 26.90% total return – that’s 25.18% from price gains and another 1.72% from dividends. Not bad for a year that started with plenty of skeptics.The rally’s secret sauce? A perfect storm of catalysts. The AI revolution sent tech stocks…
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When comparing the historical performance of various fixed income assets, including alternative investments, it’s vital to take into account factors like risk, time horizon, and prevailing market conditions. Here is an overview of the different types of fixed income assets and alternative options, along with a review of their past performance: 1. Government Bonds 2.…
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