Author Archives: John Thomas

While Tech Stocks Drop, Bonds may be Real Problem

We’ve seen this movie before. Blockbuster Amazon, starring Jeff Bezos and his then yet to be profitable company, perhaps rescued from insolvency by the credit market. This epic saga co-stars convertible bonds, which won an academy award for financial solvency. Despite Amazon alone losing $53 billion in market value of late, FAANG’s largest loser, it is the bond market that ...

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Volatility Returns to Markets after Long Hiatus

The shoe that is volatility has dropped on a different foot in 2018. Investors had rarely seen a market like that of 2017, where returns were so abundant, and volatility was at its lowest levels in over half a century. An obscure financial tool that was reserved primarily for professional traders, has become a household name at the likes of ...

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Why the U.S. Economy Will Stay Strong

Fear and extreme volatility have swung into the marketplace of late. President Trump is at the crux of several major issues, including tariffs and political drama in Washington.  However, if consumer sentiment is any indicator, short-term financial growth will remain strong in the short term, as shown in the latest University of Michigan economic survey: A couple of things to ...

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Who is John Bolton?

There will be a changing of the guard on April 9, as former U.S. Ambassador to the U.N. John Bolton replaces Lt. Gen. H.R. McMaster as President Trump’s new national security advisor. Bolton is a native of Baltimore, MD and attended Yale University, where he received both his undergraduate and juris doctorate degrees. While many recognize Bolton as a commentator ...

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Only Time Will Tell if Trade Tariffs ‘MAGA’

For better or worse, President Trump has taken another step to “Make America Great Again.” Trump has given the green light to U.S. Trade Representative Robert Lighthizer to levy tariffs on at least $50 billion in Chinese imports. A specific list of who and what will be targeted will be unveiled in the upcoming days.  As a result, Chinese President ...

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The Financial Metamorphosis of the College Education

As is the case in any supply and demand driven market, the cost of a college education today has been driven to a point where it would seem impossible that demand for a diploma at prices in excess of $70,000 per year would continue. Flash back to circa 1980.  Tuition at some of the best private liberal arts schools was ...

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