Weekly Commentary

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 […]

  Over the past several years, the Fed has over promised and under delivered when it has come to raising the fed funds rate.  Dovish comments are offset by hawkish comments every step of the way.  Now, here we are again. Once again, it’s December and we’re facing the last possible opportunity for the fed […]

The media outlets remain saturated with continuous talk about the surprise turnout from the Presidential election, as well as the ongoing speculation about how the next four years will play out with Trump and his Administration at the helm.  With all the buzz, it’s easy to lose sight of what ultimately matters in the short […]

  Now that the Presidential election has come to a close, we’ve experienced nothing short of an unforeseen rally in the equity markets. The recently dubbed “Trump Equity Rally” has ended its third week with another string of strong performances across several key sectors [i]. Post Trump’s Presidential victory, many of the sectors that saw […]

  Since Donald Trump won the U.S. Presidential Election, there has been a lot of social anxiety, name calling, and fear baiting type ‘tantrums.’ However, these outbursts are not the only tantrums to which I’m referring when considering the situation surrounding President-Elect Trump. For one, there appears to be a dollar denominated reaction to the […]

  Last week was certainly a surprising and eventful week that few predicted. The election of Donald Trump as our 45th President caught most Americans by surprise, as the odds were resoundingly against a Trump Presidency. [i] The only data point that had a high probability of Trump as President was a chart from our […]