by Joseph "Bo" Billeaud | Sep 21, 2022 | Blog
Let’s climb into the Way-Back machine. First stop – September 1974. What were the then news headlines? There were many, but probably the most impactful one was the resignation of Richard Nixon as part of the Watergate scandal fallout. That entire event, which...
by Joseph "Bo" Billeaud | Jun 18, 2022 | Blog
How many billionaires are there today in the United States? While there is no definitive count, most estimates put the number at no more than 1,000. Whatever the precise number, given the power of compounding, there should be many times that number of billionaires in...
by Joseph "Bo" Billeaud | May 19, 2022 | Blog
Charlie Ellis, called Wall Street’s wisest man by personal finance columnist Jason Zweig of the Wall Street Journal, is a renowned investment consultant I have quoted many times. The thrust of his advice (indeed, he wrote the book on it) is for investors such as us...
by Joseph "Bo" Billeaud | May 9, 2022 | Blog
A booming economy. Animal spirits in the financial markets pushing speculative stocks up to unheard of valuations. Rising inflation pressures pushing bond yields upward. An overseas war dominating the news cycle… Sound familiar? The second half of 2020? 2021? Early...
by Joseph "Bo" Billeaud | Apr 27, 2022 | Blog
Everybody knows – 1. Inflation is back. 2. The Fed is going to continue raising interest rates until inflation breaks. 3. Rising energy prices, food prices and interest rates are an economic depressant, but the Fed’s got this. Here’s what everybody doesn’t know...
