
On Euphoria: We Have Been Here Before
March 4, 2021
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IPOs and Overall Mania Market mania occurs before bubbles pop. The idea of the manic market is that there is no perceived risk and that

The Diminishing Marginal Utility of Government Spending
March 2, 2021
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Diminishing marginal utility states that as all else equal as consumption increases the marginal utility derived from each additional unit declines. In other words, the

ETFs: Always Check Under the Hood
March 1, 2021
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ETF investing has revolutionized wealth management largely for the better. Clients are no longer paying so many excessive fees for transactions, Advisors can adjust portfolios