by Michael Lecours | Nov 11, 2013 | Economy, Finding Confidence, Uncategorized
Much of the attention over the last few months on the effects of interest rates and bond tapering on your portfolio focus on the immediate consequences – a decline in bond values. But rising interest rates can be good for your portfolio over a longer time period due...
by Michael Lecours | Nov 6, 2013 | Economy, Finding Confidence, Politics & the Economy, Uncategorized
It’s hard to believe the energy revolution that is going on in this country. It’s being touted as a “game-changer” and “transformative”. The US is quickly becoming the low cost provider of energy. International companies are in the process of building new...
by Michael Lecours | Oct 26, 2013 | Economy, Finding Confidence, Investment Behavior, Uncategorized
Many experts argue that the Great Recession may have been the worst economic event since the Great Depression. But how does it compare to other economic events that have happened? According to a new more encompassing economic indicator by the International Monetary...
by Michael Lecours | Oct 16, 2013 | Economy, Investment Strategies, Uncategorized
Some interesting observations / news about a possible U.S. default: A case for the bulls and a case for the bears The U.S. government has defaulted on its debt in the past Why long term averages don’t fit short term windows
by Michael Lecours | Sep 27, 2013 | Economy, Politics & the Economy, Saving, Uncategorized
Great 30 minute video explaining how the economy works by Ray Dalio of Bridgewater. For those who follow him, it will come at no surprise that the focus is on one of the most misunderstood components of the economy… Credit and debt. How the Economic Machine...
by Michael Lecours | Sep 18, 2013 | Economy, Uncategorized
Five years ago, the United States was rocked by yet another financial disaster – the collapse of Lehman Bros. This came on the heels of a tightening credit market, the housing crunch, struggling auto industry, and numerous large financial institutions that were...