September 5, 2006 by Matt McCracken
Market inflection points (tops and bottoms) are characterized by extreme irrationality on the part of investors. At The MAC, we track several indicators that measure how “irrational” the market is being. In June, these indicators turned decidedly...Read more
July 8, 2006 by Matt McCracken
Not too long ago, I met with a prospective client who was considering investing a rather sizable chunk of his retirement into an equity indexed annuity. I wrote the following summary for him and I thought I'd share with others who might be...Read more
September 25, 2005 by Matt McCracken
On September 14, 2005, 4 years and 3 days following 9/11 attacks, Delta Air Lines (DAL) entered into the equivalent of corporate jail and became wardens of the state/courts. Hopefully they will be granted parole soon. It was a very sad day in our...Read more
September 21, 2005 by Matt McCracken
From a financial advisor’s perspective, the bankruptcy of DAL is just another ding in the armor of the American economy. Airline bankruptcy is certainly nothing new. Don’t we go threw this every couple of decades. When my dad joined Delta; Pan Am,...Read more