The Stock/Bond Dilemma
Make no mistake, US stocks are not cheap compared to history. Putting a value on what stocks are...
What Happened This Week (8/28/2020)
Don't Miss This. Chairman Powell used the Jackson Hole Policy Symposium this week to introduce the ...
What Happened This Week (8/21/2020)
K-Recovery. The Top 5 holdings of the S&P 500 have returned 35% YTD; the other 495 have declined by...
What Happened This Week (8/14/2020)
Reclaiming Economic Output.The National Bureau of Economic Research (NBER) views real GDP as the...
What Happened This Week (8/07/2020)
Upbeat July Jobs Report. The US economy added 1.8 million jobs in the month of July, bringing the...
Observations: Confluence of Trends
Risk or Safety? Or as Howard Marks phrases it, “the most important question an investor must answer...
Halftime 2020
As we cross the halfway mark of 2020, it is important to step back and quantify how stock market...
What Happened This Week (6/26/2020)
Covid’s Resurgence. This week a rise in % positive tests, increased Covid hospitalizations and news...
What Happened This Week (6/19/2020)
Double Top, or Not?Much of the recent resilience in the US Equity market has come from the top...
What Happened This Week (6/12/2020)
Time for Change- The killing of George Floyd and other recent notable public injustices people of...