Key Events This Holiday-Shortened Week: Payrolls, PMI, ISM, Retail Sales And Fed Speech

We are told that the Bill of Rights is the bedrock of our freedom, yet this same Bill of Rights ultimately has been used as a weapon against state sovereignty and against our individual rights.

At least six people were killed Thursday and two more wounded in a pair of Israeli drone strikes targeting vehicles in the neighboring towns of Zawtar and Mayfadoun, in Lebanon’s Nabatieh District. The first strike was reported in Mayfadoun, where a drone hit a car on the road just outside of town, killing two and […]

Beta: A Powerful But Faulty Tool For Managing Risk Authored by Michael Lebowitz via RealInvestmentAdvice.com, When investors want to reduce risk, one commonly used tool is beta. For instance, an investor may sell higher-beta stocks and replace them with lower-beta ones to cushion against an expected market decline. Such a strategy is intuitive and widely used; however, it can be greatly flawed. We recently received a question from a client about how we use beta to manage our portfolios. Given recent volatility and declining prices, the timing could not be better to...