Blog

It is incredibly difficult to look around the macroeconomic corner and try to pre-position a portfolio to that guess. It’s far wiser to use sound principals when investing and apply those to our allocated portfolios.  Five Basic Rules for Equity Investors: Individual… More >>

It’s critical during significant times of crisis and market dislocation that we communicate early and often. Our weekly blogs are made for just that purpose. Last week’s blog addresses some of our macro views. However, with further sanctions impacting Russia we want to… More >>

When I wrote two weeks ago in Inflation, Rising Rates, War and Volatility: So, will there be a war between Ukraine and Russia? I’m doubtful. Russian aggression would jeopardize the certification of Nord Stream 2 by Germany and eliminate Russia’s negotiating power over… More >>

It’s a rare point in time when consumer sentiment diverges from consumption. Yet that is precisely the moment we are in. Overall sentiment by the U.S. public is very negative. According to Gallup a whopping 80% of Americans think our country is on the wrong track. This is… More >>

At this stage of the economic cycle, all eyes are on the negatives. Rightfully so, as the headlines are filled with nothing but bad news.   The January inflation print, reported last Thursday, came in at a record setting 7.5% measured against a year ago. 1      … More >>

The January jobs report was surprisingly strong, with the economy adding 467,000 jobs during the month. This was well ahead of the 125,000 consensus estimate compiled by Bloomberg and was accompanied by large upward revisions to the jobs data for December and November. 12  … More >>

The U.S. economy painted an incredible growth picture in the fourth quarter of 2021, with GDP growing at a whopping 6.9%. 1 The headline is amazing but, it is what’s behind the headline that really matters. Of the 6.9% GDP growth, 4.9 % of that growth was driven by a… More >>

It was a great football weekend. Between the commercials and shots of players roaming around the sidelines, there was a small dose of exciting football. The football is so exciting, it likely distracts from what we really spend most of our time watching. In a recent study,… More >>

The recent print on U.S. inflation, as expected, was a record setting 7.0% year-over-year at the headline level. 1 I’ve been a broken record in repeating the fact that inflation is measured on a monthly rate of change basis compared to this time last year. While prices… More >>

It’s difficult to imagine risk these days when it comes to equity investing. Unlike an extreme skier or free solo climber, when an investor looks down, they can hardly see any exposure. The last twelve months have been an epic time for U.S. equities. 1 Over the last… More >>