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Affluent Investor | March 28, 2017

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AboutDavid Bahnsen, Author at Affluent Investor - Page 3 of 5

David Bahnsen

David Bahnsen

“Moral Capitalism” David L. Bahnsen, CFP®, works as a Senior Vice President in the private client group of one of the premier Wall Street firms in the country where he provides financial planning and investment management services to individuals and families. He and his wife of nearly eleven years (Joleen) reside in Newport Beach, CA with their seven-year old son, Mitchell, five-year old daughter, Sadie, and 2-year old baby boy, Graham. He is an active board member of the Lincoln Club of Orange County where he serves on the Executive Committee and chairs the Program Committee. He serves on the Board of Advisors of Dr. Art Laffer’s California Recovery Project with the Pacific Research Institute. He has recently been appointed to the Board of the Concordia University Center for Public Policy. He also serves on the Blackstone Faculty of the Alliance Defense Fund and is a Cooperating Board member of the Center for Cultural Leadership where he is the Senior Fellow of Economics and Finance. He is a member of the Investment Management Consultants Association (IMCA), and holds numerous financial designations and licenses. David is a disciple of Milton Friedman, a lover of Ronald Reagan, and a “National Review kind of conservative”. His writings strive to reflect an ideology of freedom principles integrated with transcendent truths. His hero is his late father, Dr. Greg Bahnsen, but he is pretty fond of John Calvin, Abraham Kuyper, F.A. Hayek, Winston Churchill, C.S. Lewis, William Buckley, Margaret Thatcher, George Gilder, Steve Forbes, and Larry Kudlow as well. Hobbies include travel, fine dining, golfing, and sports. His true passions in life include anything pertaining to USC football, the financial markets, politics, Palm Desert, his gorgeous and brilliant children, and his lovely wife, Joleen.

Posts By David Bahnsen

March 7, 2016 |

Risk On Comes Back

Dear Valued Clients and Friends,

And just like that we have completed two months of calendar year 2016 and are running at full sprint into the third month. Markets kicked off March with one of the strongest rally days of … Read More

February 29, 2016 |

It’s Oil Prices, and This Pesky Election

Dear Valued Clients and Friends,

Does it sound like a broken record when we use this introductory paragraph each week to say “more volatility this week,” or “markets moved up a lot one day this week and down a … Read More

February 26, 2016 |

A Bloodied Fake Billionaire

Marco Rubio’s people talked yesterday morning about their need to stay on message, and how Sen. Cruz remained their focus in building this towards a two-man race between Rubio and Trump. Pundits scratched their head. Rubio supporters shook their head. … Read More

February 15, 2016 |

What’s Really Behind This Market Sell-Off?

Dear Valued Clients and Friends,

Market volatility is intensifying, not weakening, and we hope you will click into this week’s commentary as we cover a lot of the very specific things driving markets, and what strategies make the most … Read More

February 12, 2016 |

Why Are WE Calm?

The ugly action in the market Friday, repeated in the market Monday of this week, has reinforced for short-term investors that the rallies we have intermittently been experiencing are being sold, meaning traders are taking advantage of moves higher to … Read More

February 10, 2016 |

Musings on the Search for Your Next President – The Day After New Hampshire

What a difference a week makes. One week ago: Trump under-performs polls badly in Iowa; Rubio out-performs polls in Iowa significantly; and the narrative gets formed (particularly after a few more key endorsements) that Rubio is on the march towards … Read More

February 8, 2016 |

What To Expect From The Fed in 2016

Dear Valued Clients and Friends,

Those hoping the volatility of January would subside in February got another reality check last week, and the markets dropped about 150 points Monday before rallying all the way back, then dropped 300 Tuesday (and … Read More

February 5, 2016 |

Why Trump Lost Iowa and What It Means

As much as I want to extrapolate Trump’s embarrassment the other night into the sure doom of his creepy campaign, the reality is that he is far from over. But a few takeaways are worth sharing:

(1) The theory that … Read More

February 3, 2016 |

Which Candidates Will Markets Like?

What is harder than market forecasting, and election prognosticating? How about market forecasting about election prognosticating? In this piece, David L. Bahnsen sits with the Wall Street Journal to look at how the market may look upon different candidate … Read More

February 1, 2016 |

Japan’s Shocking Announcement

Dear Valued Clients and Friends,

Greetings this week from New York City, where a brutal snow storm recently made it very hard to get into the city, but where a handful of wonderful and very productive meetings took place. More … Read More

January 25, 2016 |

Does Present Market Distress Have Silver Lining?

Dear Valued Clients and Friends,

Monday was the least dramatic day of the week, since markets were not open. Tuesday was actually flat, but Wednesday saw a nearly 600-point drop as both oil and markets reached lows not seen … Read More

January 21, 2016 |

C.O.R.E. Issues on the Present Market

As I type this beautiful Wednesday morning, futures are pointing to a stock market open of down 300 points. By the time the market opens that number could be better or worse, and by the time you are reading this … Read More

January 20, 2016 |

An Open Letter to Ted Cruz and Marco Rubio to Save the Country


I should say from the outset in writing this letter that I strongly suspect I am sending it too late. We will, of course, find out if this whole Trump thing has been much ado about nothing soon enough, … Read More

January 15, 2016 |

Who is Going to Win the Nomination? – Debate Review (Again)

Last night’s Fox Business debate very likely did not do much to change the minds of anyone who entered the fray a devoted Trumpian (they still are one today), a Cruz devotee (still one today), or a Rubio enthusiast (likewise). But … Read More

January 7, 2016 |

The Big Short Reviewed

Perhaps one of the strangest things to say about The Big Short on big screen vs. The Big Short in book form (reviewed here) is that it makes very different mistakes than the ones the book it was based on … Read More

January 5, 2016 |

Happy New Year?

As I type the Dow is down 400 points, the S&P’s drop mirrors the Dow’s (over 2%), and the technology-heavy Nasdaq is getting killed behind big sell-offs in the social media names and live streaming names etc. that really … Read More

December 22, 2015 |

Oil And The Energy Sector; What’s An Investor To Do?

It has now been more than a year since September 2014 when the violent drop in crude oil prices began. The 2014 decline in price from peak-to-trough of over 50% was followed by an additional 35% drop in 2015, and … Read More

December 18, 2015 |

Reflections on Recent Fed Action

Some quick reflections on the Fed’s action Wednesday where the target of their federal funds rate was increased by 25 basis points (one quarter of one percentage point):

  • The market’s big response (which actually had begun the day before … Read More
December 17, 2015 |

Final Debate of 2015 and Where We Go From Here

The direction of where the Republican primary is headed became quite clear to me Tuesday, watching the final debate of 2015, that is, clear as can be until it changes again. It has been a fluid and rather unpredictable primary … Read More

December 14, 2015 |

10 Considerations When Evaluating the MLP Outlook Going Into 2016

10) After the 2014-15 drop, the Alerian MLP Index is now flat over the last six years, and yet dividend growth is 55.6% (cumulatively) over same period.

9) The financial crisis drop was 47% in MLP’s from top-to-bottom; the drop … Read More

November 13, 2015 |

A Few Comments on the Politics of Ben Carson’s Biography

I think I have been pretty consistent in my take on Ben Carson throughout this election cycle: I like him personally (if you spend any time with him, you will see he is a charming and gentle and sincere man), … Read More

November 12, 2015 |

The 2016 Presidential Election and Your Portfolio

The 2016 Presidential election will generate the same hype and commentary that every Presidential election in our lifetimes has generated:

This is the most important election we have ever faced.”

This election will determine the make-up of the Supreme … Read More

November 11, 2015 |

The Best and Worst Things Going For the Markets Right Now

Dear Valued Clients and Friends,

November certainly started off with a bang as energy markets, stock markets, and most risk asset classes continued the October rally the first half of this week with continued price appreciation to the upside. We … Read More

November 3, 2015 |

The Biggest Ramifications of Rising Interest Rates

Dear Valued Clients and Friends,

One of the fun things about this week’s commentary is that we get to revisit a lot of the driving principles of our investment philosophy (growth vs. value, dollar-cost averaging, beating inflation, etc.) all in … Read More

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