December 20, 2022

On the Road to Nowhere

On the Road to Nowhere Adapted from an op-ed published in the Financial Times on Dec. 19, 2022 I’m not sure where I’m going these days. […]
October 18, 2022

50 Basis Deposit/No Return

50 Basis Deposit/No Return There are lots of “total return” bond funds these days, almost a half century since I innovated the concept in 1987. My […]
October 6, 2022

Carry On

Carry On Carry on!!” was the gruff but oh so welcomed command screamed at me by Marine drill Sergeant Jo Quinn Cruz in October of 1967. […]
August 24, 2022


Winning Winning isn’t everything, nor is it “the only thing” as Vince Lombardi once said. Still, it is better to be on top instead of the […]
July 14, 2022


Curveball Kill the Umpire”, the fan cried to open the 1996 baseball season in Cincinnati, and 7 pitches later, the man behind the plate, John McSherry, […]
July 11, 2022

3.5% ASAP

3.5% ASAP Back in 2013 I wrote a rather prescient Investment Outlook entitled “Credit Supernova”. It characterized the U.S. and developed global economies economy as “credit […]
May 6, 2022


the death zone There are eight global mountaintops scaling 26,000 feet or higher, including Mt. Everest, the most famous of them all. Climbers that have been […]
April 20, 2022


LET IT BE? I didn’t start the fire. Other people did. The global warming fire that is; or the environmental crisis that is; or the doomsday […]
March 13, 2022

Sunshine, Lollipops and…

Sunshine, Lollipops and… Our Sun – a rather tiny star in the galaxial scheme of things – seems inexhaustible. But 5 billion years from now, it […]