“Beware the Jabberwock, my son! The jaws that bite, the claws that catch! Beware the Jubjub bird, and shun The frumious Bandersnatch!” From: Through the Looking Glass, and What Alice Found There Congress: I never did particularly care for Alice in Wonderland, watching her go down rabbit holes and discover the characters of the White King and Queen, [...]
Vanessa Drucker highlighted Cliff’s thoughts in the March 14, 2011 Fund Strategy cover story “On the flip side.” The article takes a look at the positive and negative drivers for near term American economic expansion, looking out over the next year or two. The full article can be found at: http://www.fundweb.co.uk/features/cover-stories/on-the-flip-side/1027575.article. *** Business confidence is [...]
Bob Farrell was a legend at Merrill Lynch & Co. for several decades. Farrell had a front-row seat to the go-go markets of the late 1960s, mid-1980s and late 1990s, the brutal bear market of 1973-74, and October 1987′s crash. He retired as chief stock market analyst at the end of 1992, but continued to [...]
This past weekend saw the 54th running of the Daytona 500, an event that is the Super Bowl of stock car racing. Although I am a person of many interests, I find the droning of engines and the hours of relentless left turns to be about as interesting as a rerun of Jersey Shore. However, [...]
Over the weekend, Reuters reporter Edward Krudy highlighted Cliff’s thoughts on the far-reaching effects of the Egyptian power struggle. Here is his contribution to the piece: “Clearly oil is in the biggest play here. Think about if they decide to shut down the Suez Canal,” said Cliff Draughn, chief investment officer at Excelsia Investment Advisors [...]
Last Friday, TheStreet.com reporter Melinda Peer cited Cliff’s thoughts on the current economic climate in her article “Stocks finish week higher.” The following is a brief excerpt: Cliff Draughn, president of Excelsia Investment Advisors, said the market may also have been struggling a bit on valuation. “We’re getting a little long on this rally that [...]
