Blog

  In spite of the continued corporate earnings recession (now in its 5th consecutive quarter), the U.S. Consumer looks resilient and getting even stronger. The most recent Jobs Report was a blockbuster. The U.S. Economy added 255,000 jobs during the month of July. Most of… More >>

  I was fishing in the shallow water Bayou's of Louisiana recently and was amazed at the capabilities of our large boat. Given such challenging operating conditions, it just skimmed through the water; the boat had approximately 18 inches of draft - the minimum depth a boat… More >>

  It’s happened again! Expectations for a return to earnings growth are being postponed. According to FactSet, Q3 2016 earnings are now expected to shrink by -0.1%, thus extending the current earnings recession, which has already persisted for more than a year. During this… More >>

  One of the best parts of visiting with your friends and clients is the fairly large dose of reality that you receive. For professional investors, getting used to the up’s and down’s of the market builds a certain level of emotional immunity. Those that make their living… More >>

  With the start of the 3rd quarter under way, it's customary for us to provide our readers and clients with our Look Ahead.   For a PDF copy, click here. For our audio and video presentation, click here.   The following are a few key themes in our Look Ahead:… More >>

  With all the recent turmoil around citizens of the U.K. voting to leave the European Union, it's easy to get caught up in the emotions of the event and forget about the original ‘Brexit’. As yesterday was our nation’s birthday, let's not forget that over 240 years ago, we… More >>

  The U.K.'s referendum, which was a non-binding advisory vote, to leave the EU caught everyone by surprise. The surprise was that the decision to leave the European Union is so detrimental to the citizens of Great Britain. Why would they vote to leave? The famed author… More >>

  Last week, the Federal Reserve finally acknowledged that they can’t explain what's happening in the economy. Their long anticipated interest rate hikes, estimated to increase twice in 2016, has been marginalized by the voting members of the Federal Reserve Board. In… More >>

  The U.S. and World economies are suggesting more challenges are ahead as indicated by the drop in the U.S. Treasury interest rates. Investors around the globe are driving down yields on the 10-year note by buying up U.S. Treasuries. This has led to the yield decreasing… More >>

  Friday was a seminal day which presented both investors and global Central Bankers with something to chew on. The U.S. economy added a meager 38K to jobs in May, well below the 158K jobs analysts had forecasted. Sure, there was a Verizon employee strike. But even when… More >>