Stay Away from Twaddle

Dear Members, “If you’re not willing to put 50% of your net worth into a stock,don’t even think about it." – Warren Buffett FMT Advisory is one of the very few fiduciary firms on the entire planet that gets to know our companies and the people that run them ridiculously well. And better yet, we…

Jobs, Stock Gains, and Brainwashing…

Things must be fine and fear trade must be over, considering the 255,000 payroll jobs that were supposedly added to the U.S. economy for the month of July, right? The market has sure been fooled, considering its ongoing climb, but the fundamental facts could not contradict the reported numbers any more than they are doing…

Looking Beyond The Jobs Report Circus

Although the data sourcing is much criticized, the official story remains the same — the labor market, despite some concerns, is trending upward. The latest release from the U.S. Department of Labor confirms this mainstream assessment. The economy added 255,000 non-farm payroll positions, exceeding analysts' expectations. Better yet, May and June reports received upside revisions,…