Maas Capital Advisors, LLC

Keynes versus Hayek – Battle of the Dead Economists

admin — Mon, 06 Feb 2012 18:08:58 +0000

Earlier this month at the IMCA conference in New York, two living economists rekindled the powerful debate of the 1930s between Keynes and Hayek about interventionist versus laissez-faire policies to address the Great Depression. You can read the entire article on Advisor One – and watch a YouTube video – here.

Is the Fed’s Interest Rate Policy a Tax on Retirees?

admin — Mon, 30 Jan 2012 19:35:17 +0000

A post on the Forbes.com website suggests that the Federal Reserve’s stated policy of keeping interest rates low into 2014 – and below the expected rate of inflation – is effectively an onerous tax on retirees, as fixed income investors in the US are disproportionately retirees and those close to retirement. Read the entire post here.

Pimco’s views on the European debt rating downgrades

admin — Fri, 27 Jan 2012 17:35:12 +0000

In their view, the sovereign downgrades will likely trigger further cuts in the ratings of European banks. You can read the entire article in Advisor Perspectives here.

10 Health Reform Provisions Implementing in 2012

admin — Fri, 06 Jan 2012 21:40:29 +0000

The Henry J. Kaiser Family Foundation helpfully explains the provisions of “2010 Patient Protection and Affordable Care Act,” better known as health care reform, that will be implemented this year. Read the entire Advisor One article here.

Towards the Paranormal

admin — Fri, 06 Jan 2012 21:38:18 +0000

Bill Gross, of Pimco, gives his views on the prospects for 2012. The “New ParaNormal” is a bi-modal, fat-tailed distribution of possible outcomes… Read the Advisor Perspectives article here.

Professor Nouriel Roubini – aka Dr. Doom – predicts a bumpy economic ride in 2012

admin — Thu, 15 Dec 2011 21:36:30 +0000

Fragile and unbalanced in 2012, says Roubini. Read the entire article at the Project Syndicate website here.

Downward Spiral

admin — Thu, 15 Dec 2011 21:34:59 +0000

The head of leading fixed income manager Pimco gives his views on the prospects for the future of the Eurozone. Read the article on the Foreign Policy website here.

A disastrous failure at the EU summit

admin — Wed, 14 Dec 2011 21:32:37 +0000

Interesting analysis: private capital (savings) was intermediated by the banks from Germany and Holland to the capital-importing countries (Greece, Ireland, Portugal, Spain). After the crisis, the flows stopped. Eliminating structural deficits in the capital importers is only possible with prolonged recessions or huge improvements in relative competitiveness. Since the capital exporters are unlikely to become less competitive, long-term structural recessions in vulnerable countries are the likely outcome. Will this be tolerated, to save the Euro? Read the full article in the Financial Times here.

A sobering look at the American labor market

admin — Sun, 11 Dec 2011 21:19:46 +0000

The December 11, 2011 edition of the Financial Times examines the US jobs crisis. Read the entire article here.

Winning the Loser’s Game – Timeless Strategies for Successful Investing

admin — Tue, 06 Dec 2011 01:27:47 +0000

by Charles D. Ellis
An update of a small, but powerful, book on developing an appropriate investment strategy for your portfolio. Ellis is an elder statesman in the investment business and is highly respected for his common sense and honesty.