Out of the Ether (Part III)
     Brad Watt
Anesthesia was developed in 1884 and has been used by doctors, surgeons, and dentists for years, and likely we have all enjoyed the benefits of “pain free” invasive procedures. However, the pain comes after the anesthesia wears off, and we realize just how “desensitized” we were to the pain. Financial investing in this current environment can very much behave like anesthesia. We all know that in order to keep the economy on life support, the Government has been flooding the market with massive capital injections. This quantitative easing has fanned the flame of low yield and risk spreads, with corporate bonds now trading a scant 50-100 basis points above comparable treasuries. These low rates are inflicting “pain” on millions of savers and investors, who are worried about running out of money in retirement.

Also in this Issue:

• The Death of Reg D
• Embracing Change

Click link below to read full newsletter in PDF format...

Out of the Ether (Part III)
     Brad Watt
Anesthesia was developed in 1884 and has been used by doctors, surgeons, and dentists for years, and likely we have all enjoyed the benefits of “pain free” invasive procedures. However, the pain comes after the anesthesia wears off, and we realize just how “desensitized” we were to the pain. Financial investing in this current environment can very much behave like anesthesia. We all know that in order to keep the economy on life support, the Government has been flooding the market with massive capital injections. This quantitative easing has fanned the flame of low yield and risk spreads, with corporate bonds now trading a scant 50-100 basis points above comparable treasuries. These low rates are inflicting “pain” on millions of savers and investors, who are worried about running out of money in retirement.

Also in this Issue:

• The Death of Reg D
• Embracing Change

Click link below to read full newsletter in PDF format...