The S&P 500 rose to a price of 18 times expected earnings last week, a valuation not reached in... Read More

The S&P 500 rose to a price of 18 times expected earnings last week, a valuation not reached in 15 years.  That’s 13% higher than its long-term average multiple and even that take into... Read More

The current stock market environment makes finding value stocks a challenge. Gone are the days when... Read More

The current stock market environment makes finding value stocks a challenge. Gone are the days when an investor could simply scan the market for underperformers. Finding true value in the market now... Read More

If you read yesterday’s issue of StreetAuthority Daily, then you know that my colleague Brad... Read More

If you read yesterday’s issue of StreetAuthority Daily, then you know that my colleague Brad Briggs discussed why learning about Warren Buffett’s career still matters for investors today.... Read More

Comments by President Trump rocked the municipal bond market last Wednesday after the President... Read More

Comments by President Trump rocked the municipal bond market last Wednesday after the President said that Puerto Rico’s $74 billion in bonds would have to be “wiped out.” The... Read More

The S&P 500 is having a great year. The leading index is up 13% in the first three quarters of... Read More

The S&P 500 is having a great year. The leading index is up 13% in the first three quarters of 2017. At this rate it’s is on pace to finish with an 18% total return in 2017.   By... Read More

The historic impact of two category 4 hurricanes from the Atlantic in the same year is a hard... Read More

The historic impact of two category 4 hurricanes from the Atlantic in the same year is a hard reminder that weather is playing an increasingly bigger role on our lives. 2016 was the warmest year on... Read More

Anthony Scaramucci, Lloyd Blankfein, David Tepper, Steve Cohen and countless other Wall Street... Read More

Anthony Scaramucci, Lloyd Blankfein, David Tepper, Steve Cohen and countless other Wall Street elites love the game. Off the street, it’s similarly well known as the sport of the rich and... Read More

Record sales since the recession are starting to weigh on the automotive industry, signaling that... Read More

Record sales since the recession are starting to weigh on the automotive industry, signaling that the group may be entering a deep cyclical crisis. Prices on used cars and new trade-ins are plunging... Read More

One of my favorite scenes from the brilliant Steve Martin film The Jerk was when the deranged... Read More

One of my favorite scenes from the brilliant Steve Martin film The Jerk was when the deranged sniper played by C. Emmett Walsh is firing at Martin’s character, the hapless gas station attendant... Read More

Fidelity recently released its annual study of retirement health care costs. The news, as it has... Read More

Fidelity recently released its annual study of retirement health care costs. The news, as it has been for the last decade, is not good.  A newly-retired, 65-year old couple will need an... Read More