Feeling Crazy? Today’s broken markets consist of “healthy” commercial banks, a delusional central bank, a disruptive US President, a fractured

An Honest Banker. As we head into July and more calm before the Fed-induced market storm, I’ve got to give

Once Upon a Time: Fed Guidance and Fairytale Markets. Ever since the ABS humpty-dumpty market fell off the wall in

  More Heads in the Sand As we watch donkeys and elephants daily chasing each other’s tails on the news,

Ridiculous. Accounting is pretty boring. And these markets are exciting. Yet if we overlap the boring with the exciting, we

The Buzz about Tax Cuts Will the Trump tax cuts (which are already priced into this rising market) keep markets

  Feeling Uneasy? Do you sometimes wonder if this market feels a bit hard to trust? In law school, I

Lessons from Kindergarten Remember the story of the big bad wolf and the three little pigs? If not, it goes

The Smug Since Adam met Eve, history tends to confirm that spoiled kids and rich uncles don’t produce the best