In God (or the Fed) We Trust

One of my clients, a financial adviser, surprised me in my office last week in a full-blown panic over the volatile financial markets of the past few months.

I was able to offer him a slot because so many of my clients were away for Labor Day weekend. "John," as I'll call him, could not understand how and why his colleagues were able to take a break from the markets in exchange for lobster tails and sunshine.

"We're going to have a meltdown soon, and my clients are harassing me every day," he said. "They want answers and I have nothing to tell them." He dramatically stated: "I want to move to France where they have control over their economy." ...