Archives for May, 2019

  1. May 28, 2019

      Last week’s commentary focused on corporate borrowing and its relationships to the financial crisis, which can be viewed here. As history has repeatedly demonstrated, run-of-the-mill recessions are simply a reflection of a normal business cycle. These minor… More >>

  2. May 20, 2019

      So much of investor focus has been on the dysfunctional trade negotiations between the United States and China.  This has caused investors to miss some critical pieces of data from our economy.  Before I get to what that data may be, allow me to remind you of the… More >>

  3. May 13, 2019

      President Trump stepped up the pressure on China to resolve the current trade war by unexpectedly increasing tariffs on China’s exports to the United States. According to a tweet from President Trump, tariffs have increased to 25 percent on $250 billion worth of… More >>

  4. May 6, 2019

      Investors have seen the Federal Reserve come full circle over the past five months.  The Fed went from a “hawkish” rhetoric and raising interest rates to a “dovish” rhetoric putting further interest rates on hold for the foreseeable future. [i]     Bond investors… More >>