2017 Consensus Themes

As we begin 2017 the following themes have emerged as the consensus of expectations for most of Wall Street for the coming 12 months.    If history is any guide, we know there will certainly be surprises to “consensus” expectations and our contrarian nature makes us even more skeptical that what “everyone” is expecting to […]

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How to afford more national debt

We came across this chart yesterday and thought it was pretty astounding. In the past 9 years the US National debt has doubled from $9 trillion to $19 trillion.  The US borrows money by issuing US Treasury bonds.   Fortunately, although we doubled the amount of outstanding debt owed, interest rates also fell.   The […]

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Merrill threatens pay cuts to advisors who don’t refer

Berkeley Capital Partners was founded when we left the MainStream of Wall Street in 2009 because we wanted to pursue a different way of helping our clients preserve and grow their wealth independent of the conflicts of interests we found there.  It appears not much has changed.  Check out this article about the recent “comp” change at […]

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Finding common ground when politics threaten to tear us asunder

By: Michael C. Eddy, Managing Partner I’ve never been a fan of reality television programming with the exception of talent contests like The Voice and American Idol. I find The Voice contestants to be remarkably talented, humble, hungry and affable. Same goes for the coaches who have enjoyed careers replete with artistic and commercial successes. […]

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Do low interest rates lead to growth?

Central bankers have lots of theories.  One of the theories for keeping interest rates low is so that businesses will become more apt to borrow.   Central bankers hope that the the access to cheap credit will incentivize businesses to invest.   As they invest in new projects and their businesses expand, they should, in theory, also […]

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Investor Business Daily Article from May 2001

Michael C. Eddy, Managing Partner I used to be a regular reader of the Investor Business Daily newspaper.  I knew a lot of people in the investment advisory industry during the latter half of the 90s who at least paid attention to the IBD.  The attached image is an article I clipped from the paper in May […]

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Update after Brexit

We can’t remember a time when a vote in a foreign country has received as much attention domestically as the one in the UK to leave the EU.   Its amazing that a single political referendum, intended to unite the British Conservative party, could create so much angst around the world.   Of course, just […]

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Berkeley 2nd Quarter Market Commentary

As we write, US equity market returns are up slightly for the year. If pressed to predict a year end return, we would expect returns to be flat to down from this point- though we’re not willing to make any investment decisions based on our guess. Our objective is to find companies that we can […]

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Berkeley Macro Musings

  Berkeley Macro Musings – 2016 from Michael C. Eddy

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Charlie Barry in Financial Advisor IQ

Berkeley Senior Investment Advisor, Charlie Barry, was recently quoted in a Financial Advisor IQ article discussing the SEC’s derivatives policy. Click Here to read the article.

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