Thursday, August 4, 2016

TheStreet: Obamacare Still Sickly, After All These Years

By SIMON CONSTABLE


Six years since it was signed into law, President Obama's signature healthcare program remains somewhat sickly.
The system, dubbed Obamacare for its chief proponent, continues to leave many young people uninsured and could actually be pushing the price of vital pharmaceuticals far higher than they would be otherwise, according to two recently published reports. Read more here.

Wednesday, August 3, 2016

WSJ: Barry Ritholtz in the Big Interview

By SIMON CONSTABLE

Blast from the past. Barry Ritholtz in the Big Interview.

 

WSJ: How A New Pope Is Chosen

By SIMON CONSTABLE

A blast from the past...How a Pope is chosen.

Tuesday, August 2, 2016

U.S. News: Why It Pays to Be Careful When Rebalancing a Portfolio

By SIMON CONSTABLE
With Britain moving to leave the European Union, effects of the tumult are sure to show up in your investments, at least for a while.
So should you rebalance your portfolio immediately to take advantage of opportunities? Read more here.

Friday, July 29, 2016

Forbes Video: Is Brexit Really So Bad For European Stocks?

By Simon Constable 

The immediate aftermath of Britain’s vote to leave the EU was severe, especially for the British pound which plunged to its lowest level in decades. The news wasn’t all that beneficial for stocks either, at least initially.
But we all know that markets fluctuate over time. They go up and they go down. Over the long term a lot depends on the underlying economics in a country. Better economies tend to have better performing stock markets.
In Britain the jury is still out with some saying that Britain will suffer outside of the EU, while others, like me, see massive opportunities.
Earlier this week I spoke with Edward Dempsey, chief investment officer at Pension Partners, about his thoughts on where things end up. You can hear what he says in this video.

Forbes Video: What Is The Presidential Predictor

By SIMON CONSTABLE

When it comes to forecasting election results, many pundits got egg on their face recently. It only takes a quick look across the pond to the United Kingdom’s recent referendum on E.U. membership to see the problems in accurately predicting which way the vote will go. At least it was for the usual pundits. Read more here.

Tuesday, July 26, 2016

U.S. News: The Current Case for an ARM

By SIMON CONSTABLE

If you are planning to buy a home, how should you finance it? The question is simple, but the answer may not be what first comes to mind.
"People like to go right to the 30-year, but that's the wrong thing to do," says Richard Rosso, a partner at Clarity Financial in Houston, referring to the 30-year fixed-rate mortgage, which was the traditional way people could borrow to buy a home up until the early 1980s.
It's hard for some to believe, but the adjustable-rate mortgage as a widely available way to borrow is only a few decades old. Maybe for that reason, the idea that the fixed-rate mortgage as the go-to product seems to have stuck in the American psyche like chewing gum on the sole of a shoe. Read more here.