Market Divergences
Market Divergences: A Note to Clients March 1, 2026 Today’s stock market reminds me of the opening line of A Tale of Two…
Author: Tom Byrne
Tariff Uncertainty
Mildly put, this year has gotten off to an eventful start. The new administration has ushered in a range of policy changes that…
Class Warfare Helps No One
Rhetoric that spawns class warfare may feel cathartic, but it doesn’t help anyone. I’m concerned that it makes the less fortunate more resentful,…
Creating Jobs
We know that some jobs are never coming back to the United States. For example, simple items of clothing are made more cheaply…
A Firmer Foundation for Housing
Even if you have a great boat, it can get swamped in a storm. If you have a properly financed house, through no…
Policy Mistakes Make Economy Worse
In college we learned that the 1929 crash did not lead to the Great Depression. It was the policy mistakes in the aftermath…
Financial Panic and Short Selling
There is plenty of blame to go around for the financial panic that is occurring on Wall Street. It is worth understanding because…
A Necessary Housing Rescue
It is commendable that senior government officials candidly acknowledged the major role of flawed government policies in spawning today’s housing crisis. Treasury Secretary…
Discouraging Corruption
My father ran for governor in 1973 on a platform of honesty in government, and New Jersey state government was pretty much scandal-free…
Amtrak: Non-stop in New Jersey
The sign at Princeton Junction, one of New Jersey’s biggest train stations, says it all: “Attention, this is a minimal service Amtrak location.”…
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