Skip to main content
Tag

Government Bonds

Incentives, Conflicts, and Capture

By Blog

One of the reasons we formed Cadence back in 2010 was to rid ourselves of the embedded conflicts of interest that are inherent in large, profit-seeking public firms. I’m not suggesting that profit-seeking is bad, after all, it makes our economy go, jobs available, and is a genuinely positive aspect of the American way of life. But what we see every day working in financial markets is that there are immense pressures put on public companies by shareholders and Wall Street to increase profits quarter after quarter to fuel rising stock prices. Stock options within public companies, in many cases…

Read More

Market Update – “Investing” is Winning

By Blog

If you’ve ever wondered why financial media doesn’t talk more about things other than stocks and bonds, it’s generally because it doesn’t serve the business model that allows them to survive, which is another way of saying, there isn’t as much money in it. If risk-adjusted opportunity was most important, or those things that could benefit the viewer most, we’d be hearing a lot more about gold, silver, and other natural resource investments, especially given their performance so far this year. The chart below tells a pretty interesting story – the major stock market indexes are up about 11% (SPY…

Read More

Don Those Earmuffs!

By Blog

“Americans can always be trusted to do the right thing once all other possibilities have been exhausted.” – Quote often ascribed to Winston Churchill If there’s one thing most can feel good about these days, it’s the fact that the process of trying “all other possibilities” to keep corporations and the economy afloat is in full swing, which in turn probably means we’re that much closer to getting to a viable long-term solution that benefits most. As touched on in last month’s letter, the “right thing” will likely only come after all these other easier, less painful possibilities have been…

Read More