Senior editor and columnist for Kiplinger's Personal Finance and since 1981. I write about bonds, yields, mutual funds and portfolio strategy.

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@JeffreyRKosnett — 636 followers, 41 tweets

Stocks up, oil up. They're tethered. If you want the Dow at all-time highs, you'll have $4 gas. Stock bulls: Get a smaller car.
It's 100 here and we're in the summer silly season for stocks. And JPMorgan is now costing us way more than it lost. Their penance is lame.
Facebook stock can be $5 a share for all I care. It links my far-flung family from Brazil to Uzbekistan to all the USA. That's what counts.
This week is more proof that you can't predict stock market moods. Cut back if you really should trim risk, but keep high dividend payers.
Back to the summer pattern of big stock price swings. Remember, last year broke even. You can't guess which days will be up and which down.
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