DEBT

September 19, 2017By Andrew Keefer, CFAMacro

The Big Picture “Neither a short-term borrower nor a long-term lender be.” -Polonius Debt! When you hear the word do you just cringe? Most believe debt is outright bad. And in many cases that would be accurate. However, did you know that the debt market is nearly twice the size of the equity market? Noteworthy … Read More

Summer of the Shark

August 23, 2017By Andrew Keefer, CFAMacro

The Big Picture “Sensationalism sells; don’t let the facts get in the way of a good story.”  -Mark Twain The summer of the shark occurred in 2001 after a bull shark attack on Santa Rosa Island near Pensacola Florida. Immediately following the attack the coverage on sharks and shark attacks continued nearly around the clock … Read More

Money

July 7, 2017By Andrew Keefer, CFAMacro

The Big Picture “Money, it’s a gas. Grab that cash with both hands and make a stash!” -Roger Waters The song “Money” was written in 1972 by the progressive rock bank Pink Floyd. Roger Waters said at the time “money interested me enormously.” Seems a fairly apparent truism. What is money exactly? Seems like a … Read More

The Great Debate

May 11, 2017By Andrew Keefer, CFAMacro

The Big Picture “May you live in interesting times.” “It is said that the most fascinating times in history are filled with tumult and upheaval, but those living through these changes were probably experiencing trepidation.” The events of the past 6 months may qualify and justify some trepidation for some. The changing of the U.S. … Read More