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08/07/14

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Yellenization

I turned to look but it was gone
I cannot put my finger on it now
The child is grown, 
The dream is gone.
I have become comfortably numb. – Pink Floyd On Thursday, July 31st, the market had a one-day sell-off of 2%, the most negative day since June, 2012. You heard the market pundits and the talking [...]

04/15/14

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Echo-Mania at The Fed

“Get your facts first, then you can distort them as you please.” – Mark Twain “The beat goes on, the beat goes on Drums keep pounding A rhythm to the brain La de da de de, la de da de da” – Sonny Bono “Just because everything is different does not mean anything has changed.” – [...]

11/07/11

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Cliff In The News: Cliff cited in Reuters about Greek debt crisis

Our president, Cliff Draughn was cited in a recent Reuters news article commenting about the Greek debt crisis. From the article: “Right now, the market just reacts to whatever rumor and whim is out there, going back and forth. What is Greece going to do? What is Germany going to do? What is Merkel saying, [...]

08/09/11

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Cliff In The News: Cliff cited in Reuters

Our president, Cliff Draughn was cited today in a Reuters article about the tumultuous last couple days in the market. Read the full article here. Cliff is quoted near the beginning of the article saying: “You had a cataclysmic sell-off in the marketplace,” said Cliff Draughn, president and chief investment officer at Excelsia Investment Advisors [...]

08/05/11

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Euro Contagion

“A nickel ain’t worth a dime anymore.” Yogi Berra In my newsletter “Bubble Liscious” in January of this year I cautioned that one of the risks on the horizon that was being ignored was the potential of a credit crunch in the European markets; particularly the banks. From “Bubble Liscious”: Is the euro in danger? [...]

07/18/11

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A “Palinized” Nation – No Direction, No Leadership, No Clue

Palinize: “To avoid giving any substantial answer to a factual question, by means of cobbling together meaningless platitudes; to attempt to fool listeners and distract their attention by pandering to their prejudices and using one’s charm or attractiveness.” America is being palinized by total lack of leadership and responsibility from both political parties on Capitol [...]