Roger Arnold is the chief economist for ALM Advisors, a Pasadena, Calif.-based money management firm specializing in income-generating portfolios. Concurrent with his other business responsibilities, Arnold was a radio talk show host for 15 years. He focuses on behavioral economics and chaos theory, better known as the "butterfly effect." He explains the relationships between political, economic and social systems, and how they are all reflected in the financial markets -- stocks, bonds, commodities, currencies and real estate.
Recent Articles By The Author
Virginia Project Shows What's Possible With Privatized Infrastructure
Trump's plans should give some stocks a lift.
In a U.S.-China Trade War, China Loses
Should a U.S.-China trade war occur, the U.S. should nurture its relationship with Russia.
For Bonds It's Déjà vu All Over Again
There is no pent-up consumer demand, and bond yields are headed south.
Reports of the Bond Bull Market's Death Are Greatly Exaggerated
No matter what Gross and Gundlach say.
As Gold Hedge Gets Higher, Consumer Demand Shrinks
Trump's proposed changes would take time to take effect, but investors look for immediate response.