If you’re a Gen-Xer like me, you probably have put more than a few quarters in pinball machines in your time.   Something about that was just a lot of fun.  Now, imagine yourself inside that machine, and that is what the markets have felt like so far this spring, and as we head into summer, it may not get much better. 

In the early 1950s, computers were the size of buildings and used fragile vacuum tubes that consumed enormous amounts of power and generated a lot of heat. A former IBM Chairman once said, “I think there is a world market for about five computers.”   

Warren Buffet has said that we will see who is wearing a bathing suit when the tide goes out. We have enjoyed two years of remarkable growth in the equity markets while the bond markets h