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Quarter 3, 2019 Newsletter

  • October 2, 2019
The road to nowhere has been paved with uncertainty.  While the stock market continues to be resilient and is hovering near all-time highs, it has made little progress since January 2018.  Given the market’s distaste for uncertainty, it is not…
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Quarter 2, 2019 Newsletter

  • July 1, 2019
Throughout the first half of 2019, investors have been inundated with news about trade wars, government shutdowns, and Iran-US tensions.  Despite these many anxious moments, the market has continued to climb the proverbial “wall of worry.”  Many different factors are…
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Quarter 1, 2019 Newsletter

  • April 3, 2019
It is said that patience is a virtue; the stock market certainly appears to value it as such.  Following its worst December since 1931 due in large part to fears that the Federal Reserve would raise interest rates too aggressively…
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Quarter 4, 2018 Newsletter

  • January 7, 2019
Another year is in the books!  We trust you had a wonderful holiday and brought in the New Year with cheer. A quick review of 2018 shows that the 2017 global equity rally continued into 2018 on the back of…
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