Cash Money Isn’t Dead Yet
By admin_45 in Blog

Cash Money Isn’t Dead Yet

The 500 Euro note is sometimes called “The Bin Laden”, but that moniker has nothing to do with the bill’s supposed role in funding terrorism. Recall that the euro currency began life in the early 2000s, just when Osama Bin Laden was the most...

Marijuana Industry’s Latest Blow
By admin_45 in Blog

Marijuana Industry’s Latest Blow

Attorney General Jeff Sessions just threw a major wrench in the growth of the American legal marijuana industry. Before we explain how, here is some background. As states started legalizing recreational marijuana over the past few years, many banks...

Index Weight-Watching in 2018
By admin_45 in Blog

Index Weight-Watching in 2018

We’re starting the New Year with some weight watching, but targeted at popular global investment indices rather than waistbands. The key issue: as we kick off 2018, where are investors (perhaps unintentionally) overexposed to Technology? And...

Millennials, Midterms, and Markets
By admin_45 in Blog

Millennials, Midterms, and Markets

If Democrats want any chance of winning a majority in Congress next year, they need to rally millennials to vote for them. A tall ask for mid-term elections, as 80% of this cohort stayed home in the 2014 midterms. Here is how the 2016 presidential...

How 2017 Was A Lot Like 2000
By admin_45 in Blog

How 2017 Was A Lot Like 2000

One theme of our work this year has been the decline in sector correlations among the 11 industry groups in the S&P 500. This trend is, in many ways, more significant than the above-average +18% return for the index in 2017. Prior to January...

CA Legal Retail Cannabis Sales: What to Know
By admin_45 in Blog

CA Legal Retail Cannabis Sales: What to Know

Dispensaries in California can finally start selling recreational cannabis on January 1st after voters passed Proposition 64 in November 2016. Even though some other states already allow legal retail cannabis (like Colorado and Washington), this...