Blog

  It’s time for the annual tradition by Wall Street firms to make their incredibly inaccurate forecasts for 2019.  Astonishingly, the average expected return for 2019 is over 20 percent. [i]     I’m not sure how they do this, or why they get away with such amazing… More >>

  After another wild week on Wall Street, you might expect consumers’ nerves to be frayed.  [i]     On the contrary, consumers did nothing but shop.  According to Mastercard, this holiday season represented the strongest growth in consumer spending in the last six… More >>

Last week’s interest rate announcement should have been a clear and decisive save by the Fed.  As expected, the Federal Open Market Committee (FOMC) raised their benchmark interest rate ¼ point to 2.5 percent, but of more significance, they signaled a much more dovish… More >>

  At the recent 2018 G20 Buenos Aires summit, where the leaders of the largest economies in the world gathered at the beginning of the month, there was a moment that was misunderstood. The “high five” between Crown Prince Mohammed Bin Salman of Saudi Arabia and Vladimir… More >>

  If the market playbook had followed its recent script, we should have had an extremely positive week last week.  Over the past several months, heated China trade-war rhetoric and hawkish Federal Reserve interest-rate remarks have taken center stage, and markets have… More >>

    Many of you woke up this morning to news headlines on trade and a roaring stock market after this weekend’s G-20 conference concluded.  [i].  News feeds were littered with headlines surrounding a trade war truce between the U.S. and China, which followed the highly… More >>

  Following last week’s Thanksgiving Day festivities was the annual shopping extravaganza known as Black Friday, which kicked off the holiday shopping season.  But if you didn’t get a chance to get any of your shopping done last Friday, don’t worry.  Many of the deals… More >>

  President Harry Truman grew so frustrated with his stable of economists always giving him contradictory answers that he quipped, “Give me a one-handed Economist. All my economists say 'on hand...', then 'but on the other...” [i] If only Truman was here today.  He… More >>

  With midterm elections behind us and almost certain gridlock soon to waft over Washington, DC, markets might have a chance to digest other important factors. Tariffs on China look to be one of the most significant headwinds facing equity investors.  China, the… More >>

  “Our country has never been more divided.” And Always Has Been! I’d like to give attribution to the quote above, but so many people have been saying it lately that attribution is impossible. As we approach a divisive and acrimonious midterm election on Tuesday,… More >>