Author Archives: Jason Kelly

At my request, Teresa Lo of InVivoAnalytics prepared the following market commentary for my readers. With thanks to her, I present: Where We Are In The Cycle by Teresa LoInVivoAnalytics.com In early January, a number of technical analysts thought they had spied a head and shoulders bottom forming on the daily chart of the S&P; […]

In response to last Friday’s article about protecting life insurance policies against collapse, I received several notes. The following is an LSW broker’s response to a policy holder’s inquiry, and is typical: LSW is in great shape with approximately $850 million in excess funds. In fact A.M. Best (a national rating company) in November just […]

My uncle, Patrick, sent this bumper sticker: and Stephen Moore wrote in last Thursday’s WSJ Political Diary: Rep. David Camp, the ranking Republican on the House Ways and Means Committee, asked the Congressional Budget Office to estimate the economic impact of the new $800 billion stimulus plan. On Monday CBO came back with its astonishing […]

If you hold a universal life, whole life, or other life insurance policy with a substantial cash value, I suggest moving double quick to: See if you would suffer any adverse tax consequences by borrowing against the policy. If not, then borrow the maximum you can against the cash value, and… Put the proceeds of […]

Thanks to subscriber Tom for sending this. In the clip below, Jon Stewart does his usual masterful job, this time on CNBC’s worthlessness. Here’s an index of key moments: Cramer’s “Bear Stearns is fine” call. (3:03) “Lehman Brothers is no Bear Stearns. . . . Lehman Management is incredibly engaged and responsive.” (3:15) Merrill won’t […]