This morning JP Morgan Chase announced their new commission-free mobile brokerage platform, a trading app. New accounts will get 100 free trades during their first year and if they maintain a balance greater than $15,000 they will continue to get… Read More
Rising Rates & Bond Worries
AMM Third Quarter Client Letter: Over the last few years, no topic seems to have garnered as much interest and concern in the financial world than the specter of rising interest rates. For good reason, since interest rates affect everything… Read More
Sound & Fury Signifying Nothing
Download AMM’s Q2 2018 Client Letter Life’s but a walking shadow, a poor player that struts and frets his hour upon the stage and is heard no more. It is a tale told by an idiot, full of sound and… Read More
The Investor Emotion cycle
Download the AMM Q1 2018 Client Letter There is a saying attributed to Mark Twain that goes “History doesn’t repeat itself, but it often rhymes.” Just as there is a business and economic cycle represented by expansion and contraction, there… Read More
Humira Biosimilar Threat: Who Gets the Customer First?
The concern with AbbVie’s blockbuster biologic Humira is the lost of patent exclusivity in the U.S. and Europe over the next two years. The worry is revenue from Humira will drop off a cliff as generic drugs enter the market…. Read More
Starbucks’ Float
It’s Christmas time. A good time for Starbucks. Not because they will sell more hot drinks. They will. It’s because of all those Starbucks gift cards given out. You know you will receive at least one. Any funds loaded onto… Read More
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