by Michael Lecours | Nov 25, 2014 | Politics & the Economy, Uncategorized
Sometimes you’re caught off guard about a developing issue in the world and need a good primer to catch up with everyone else and understand the impact of new developments. If that sounds familiar, bookmark this site Bloomberg’s Quick Takes
by Michael Lecours | Oct 25, 2014 | Investment Behavior, Investment Strategies, Politics & the Economy, Trend Updates, Uncategorized
Shale oil production is more expensive than traditional oil production – It costs more to get shale oil out of the ground. So when the price for oil drops, like it has, it hurts shale oil production a whole lot more than with other production methods. Bloomberg...
by Michael Lecours | Jan 20, 2014 | Investment Strategies, Politics & the Economy, Trend Updates, Uncategorized
This past summer, we may have seen the warning we needed when it comes to the portion of your portfolio in bonds. Interest rates can’t go down any more, they can only go up. This could result in the value of your current bond holdings going down. This is discussed as...
by Michael Lecours | Dec 19, 2013 | Finding Confidence, Investment Behavior, Investment Strategies, Politics & the Economy, Uncategorized
There’s a lot of talk about if the US market is in a bubble these days. It’s next to impossible to determine if we are, in fact, in a bubble. But the media will do just about anything to produce a story that will get more people to read their publications. Instead of...
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 | 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...