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.

Before you invest in business development companies (BDCs) holding loans with real estate or other hard assets and mortgage real estate investment trusts (mREITs), understand these differences between the two instruments.
Business development companies have grown in popularity amid low interest rates.
I'm revving up those income vehicles this week.
But, more importantly, what I and other pundits think the Fed should do is irrelevant. And here's why you should sort the wheat from the chaff. 
There appears to be a kind of parting of the storm that will allow the Fed to move next month.
The latter 2 provide targeted marketing, but Amazon can go further.
Amazon does not need the other two to succeed; indeed, it already has the capacity to disintermediate both companies.
Whatever the Fed does, they're still good long-term income vehicles.
The next employment report may force its hand.
A shrinking labor force stands in contrast to accelerated earnings for those who remain in the workforce, creating a conundrum for fiscal authorities.  

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Nice finish today for CVX. The stock has been steadily improving after holding key support near the $98.0...


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