Weekly Commentary

  Normally, I wouldn’t choose to write about politics, considering our clients span a wide range of viewpoints. However, that’s also what makes our business so engaging and rewarding. But, as we shift the narrative from a monetarily controlled world (interest rates and central banks), to one that is potentially dictated by fiscal policy (taxes, […]

    Frequently, I have written about the end of one narrative and the start of another being a driving catalyst for the markets:  Monetary Policy giving way to Fiscal Policy.  Let’s compare that changing narrative against what appears to be a resurgence in the popular coined Keynesian term, ‘animal spirits.’ To start, let’s talk […]

  Last Friday’s strong jobs report, as well as several solid earnings announcements, led to the best trading day of 2017.  Given the action in the markets since the election this past November, one must question, “How overvalued can this market get before we see a repricing of risk?”  Before I attempt to answer that […]

There are certainly multiple ways to look at the impacts of a potential trade war between the U.S. and Mexico.  Depending on what political affiliation you fall under, your humanitarian beliefs, whether you’re a CEO or an employee of a multinational corporation, or the owner or employee of a small business, everyone will have different […]

  “Get your facts first, and then you can distort them as much as you please.” – A visionary quote by Mark Twain. With the election of a new President and the media’s prediction for the demise of world order, I think it’s important to keep your eyes on the facts that matter to investors […]

Albert Einstein once said, “I never think of the future; it comes soon enough.” Despite what many think, the business of forecasting future market returns is quite precarious.  For starters, forecasts are almost always wrong, especially the ones that seem to be the most precise.  However, this is the business that we’re in.  When clients […]

    This long holiday season was a particularly hopeful time for many investors.  The S&P 500 finished December up 1.82%, and now through the first week of trading in 2017, it’s gained another 1.72% (Total +3.54% since Dec. 1)i.  It seems that the good times have followed us into the first week of the […]

  Happy New Year to all and welcome to 2017!  Not only does today mark the first trading day of a new quarter, but also the first trading day of a new year.  We would like to take this opportunity to present you with our Q1 2017 Look Ahead. For a PDF copy, click here. […]

  With 2016 nearing a close and the Dow Jones Industrial Average approaching an all-time high of 20,000[i], it’s easy to forget what an emotional rollercoaster this year was.  Let’s look back at the major events of 2016: January: Worst 5-day performance to start the New Year in the history of the U.S. stock market […]

  As the media carries the torch into the holiday season, the United States is brought that much closer to Trump officially stepping into the Oval Office. Most political pundits are anticipating a triumphant first 100 days for the Trump administration.  Here is what he is expected to do [i]: Corporate Tax Reform Personal Tax […]