Woody Brock – MD Update

At a Crossroads

February 1, 2021February 17, 2021 Scott Neal $, 1.9, 70% success, absence of trump, agenda of national survival, American prophecy, Biden, Biden 's $1.9 trillion dollar request, Biden administration, boom generation, boomer, Boomer script, brand-new culture war, Care act, Congress raise, COVID-induced, COVID-induced recession, crossroad, culture war, dollar request, generous relief, gray champion, history turn, Joe Biden, Joe Biden 's policy, long-lived life, mark of a true elder statesman, maximum danger, missionary elder, new strain, new strain of the virus, next Gray Champion, overwhelm post-inauguration sentiment, PE, PE ratio, post-inauguration, post-inauguration sentiment, presence of Biden, pro-choice secularist, pro-life evangelical, rally, rd turn, recovery, Saecula, Scott Neal, significant new fiscal stimulus, steady decline of employment, stock, stock market, strong stock market, time of maximum danger, true elder statesman, typical business cycle, unfamiliar challenge, unfamiliar challenge of self-restraint, unraveling-era, unraveling-era skirmish, vaccine, vaccine rollout, virus, Woody Brock, young millennial

While a few people have told me this month that they are afraid of a Biden administration, the overwhelming post-inauguration

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Standing on the Shoulders of Giants

October 1, 2019December 9, 2019 Scott Neal American Gridlock, blind discipleship, BOMC, Book-of-the-Month-Club, co-chairman of Oaktree capital management, compel memo, Crestmont, Crestmont research, Crestmont research forecast, D., demand of the affordable Care act, dynamics of total health care expenditure, Ed Easterling, financial physics, financial plan, founder of Crestmont research, free memo, free website, H., impact of current financial decision, investor, investor 's horizon, Laurence Kotlikoff, loftiness of the stock market, market cycle, Marks 's memo, MD-UPDATE, member of the Book-of-the-Month-Club, memo, non-financial professional, Oaktree capital management, periodic newsletter, president of strategic economic decision, reader of MD-UPDATE, Scott Neal, secular stock market cycle, secular stock market insight, shoulder of giant, stock market cycle, stock market insight, strategic economic decision, thoughtful investor, total health care expenditure, website, Woody Brock, world-class economist

Were you ever a member of the Book-of-the-Month-Club? I joined BOMC back in the 80s, but I quickly decided that

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Market Volatility — 2019 Style

June 1, 2019September 4, 2019 Scott Neal all-time high, Brock, capital of the firm, earnings, excess capital, fed rate, good quarter, increase earnings, increased volatility, interest rate lead, labor, late federal reserve pronouncement, long-term wealth, market volatility, model uncertainty, monopoly, negative real return, PE, PMU, profit of a company, real cause, real cause of the volatility, real cause of volatility, recent market, remarkable growth of earnings, reporter of the financial press, reporter of the news, reserve pronouncement, round of increased volatility, S&P 500, Scott Neal, stock, true value, true value of an investment, US stock market, volatility, volatility of the recent market, Woody Brock, world-class economist

I’m concerned because I have heard too many people recently say something along the lines of “I know the US

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Mirrors and Windshields

May 1, 2016 Scott Neal 8%eight, 8%eight percent, absolute return benchmark, Boston university economist, buy-hold-and-rebalance, care plan, concept of endogenous risk, consumption-smoothing, current marketplace, current spend, dividend, economist, economist 's approach, end of life plan, endogenous risk, fed, financial plan, future financial decision, goals-based, good milestone, good time, individual investment strategy, investor emotion, Lawrence Kotlikoff, let 's turn, long-term care plan, market top, MD-UPDATE, Mordecai Kurz, positive territory, pot of money, range-bound, rear view mirror, relative dimension of the rear view mirror, relative return, return benchmark, risk capacity, risk tolerance, S&P, save tradeoff, Scott Neal, small business sentiment, Stanford 's Mordecai Kurz, theory of consumption-smoothing, total return of the S&P, traditional financial plan, view mirror, windshield, Woody Brock

While practicing as a CPA, our firm ran an ad that compared the relative dimensions of the rear view mirror

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