The Practice Management Channel

This Natural Gas Opportunity Is Years in the Making

This week I was in beautiful Argentina with a diverse team of investors and mining executives. Together we toured various natural gas and crude oil mining projects in Tierra del Fuego, Mendoza and Santa Cruz, where we had the opportunity to speak with Governor Alicia Kirchner, elder sister to former Argentinian president Néstor Kirchner.

The Administration Now Faces the Hurdles of Reality

There has rarely been a new presidential administration in the history of the United States that has tried to get so much done in its first ten days as the current one.

Bank Rally Likely to Shift to Micro-Caps

After lagging the market for years, US financial stocks surged after Donald Trump’s surprising win in the US presidential election. Investors can still profit from investing in banks; in our view, many of the best opportunities now lie in the micro-cap banks the rally left behind.

What Advisors Should Know About Illiquidity

Relatively few investment advisors are making private equity available to their high-net-worth clients, according to new research from iCapital Network. 

Should You Discuss Politics with Clients?

Has anyone asked you to comment on the current political scene and best ways to deal with what’s happening when your clients have very strong (and very vocal) opinions?

The Downside of Excessive Caution

As advisors, you counsel your clients about risk. But based on my experience, you don’t take enough risk. Your excessive caution is imperiling your business.

As Seen on TV: The Annuity Action Network

In the prior installment on this series, I exposed the deceptive marketing used to sell fixed-index annuities. Today I will look at a firm that purchases annuities from investors – the Annuity Action Network. It is a way for clients to borrow money at a high interest rate, but it may be an appropriate solution under certain circumstances.

How to Organize Your "Stuff"

When advisors ask me to help them set up systems for their business, I put on my professional organizer hat. One area that is always a big issue is paper – both the physical and electronic kind. Here’s a system to ensure you will easily find the information you want and always get to the tasks that are important.

Fed Up – A First-Hand Account of the Fed’s Foibles

Danielle DiMartino Booth, a former Dallas Federal Reserve official, released a new book this week entitled Fed Up. The book, a first-person account of the inner-workings of the Fed, provides readers with unique insight into the operations, leadership and mentality of the world’s most powerful financial institution.

Gold Gets a Shot in the Arm from Inflation and China

Inflation just got another jolt, rising as much as 2.5 percent year-over-year in January, the highest such rate since March 2012. Led by higher gasoline, rent and health care costs, consumer prices have now advanced for the sixth straight month. In addition, January is the second straight month for rates to be above the Federal Reserve’s target of 2 percent.

Nuclear Blackmail

In this report, we define nuclear blackmail and differentiate it from blackmail in a nuclear context. We discuss why this didn’t develop during the Cold War but why it could happen now. We also analyze how nuclear blackmail might be used as part of coercive diplomacy as well as part of conventional conflict.

Better Days: Earnings Growth Picks Up Sharply in 2017

Much ink spilled these days—including by yours truly—tends to be of the macro variety. This is for good reason as studies have shown that macro forces have been greater determinants of asset class performance than traditional underlying fundamentals.

What 2016 Can Teach You About Investing in 2017

If there’s one word that characterizes 2016, it’s drama. That goes for last year’s politics, sports and even investments—last year, almost every corner of the global financial market experienced some kind of dramatic reversal, from U.S. stock markets to global bond markets, from crude oil prices to gold prices.

NFIB Small Business Survey: Optimism Sustained in January

The latest issue of the NFIB Small Business Economic Trends came out this morning. The headline number for January came in at 105.9, an increase of 0.1 from the previous month's 105.8, and its highest since December 2004. The index is at the 99th percentile in this series. Today's number came in above the forecast of 105.1.

The Myth Of The “Passive Indexing” Revolution

There is little argument that Exchange Traded Funds, more commonly referred to as “ETF’s” have and will continue to change the landscape of investing.