Today we offer some thoughts on the market’s resilience. Give a call if you’d like to discuss further! Download the Newsletter (PDF)
Read Article →How can the stock market recover lost territory when so little recovery is visible to the eye (and in the data)? This has been the common theme of more than one conversation in recent weeks. Two thoughts: 1). Keep in mind that stocks are messy, but overall they typically anticipate what’s going to be (rather …
Read Article →In response to news that an anti-viral drug (remdesivir) is showing promise in fast-tracked Phase III trials with COVID-19 patients, the market is ending a strong week on a strong note. This doesn’t change everything, but an effective treatment option would be a blessing, indeed, while we wait for more robust testing capabilities and a …
Read Article →We send our comments today, along with our very best wishes. Stay healthy – We’ll get through this! Download the Newsletter (PDF)
Read Article →Today’s comments present a bit of a change of pace for us. Among other things, we’ve included some things you may not know about inflation. There can be a rather large gulf between how it’s measured and how we experience it! Download the Newsletter (PDF)
Read Article →Today, we expand a bit on some of the thoughts we recently shared in our year-end report. We explain the chart in more detail and add an overview of forecasts for 2020. These can make for interesting reading if kept on file for next January. Download the Newsletter (PDF)
Read Article →Market strength in December is common enough that it has a name; it’s called a “Santa Claus rally.” This year’s version has been accompanied by some improvement in the economic data points as well as movement in the direction of resolution for a few of the thornier outstanding worries, such as Brexit and the trade …
Read Article →There’s always plenty to worry about, but lately the mood on the Street seems to perking up a bit. More color on this in our November newsletter . Download the Newsletter (PDF)
Read Article →Perhaps you’ve been waiting with baited breath for our comments, which are typically issued closer to the middle of the month. Between a scheduled delay of about a week and upcoming quarterly reports, we decided ultimately to wait a little longer, send the newsletter now, quarterly reports mid-month, and then we plan to resume our …
Read Article →It seems like August should be a quiet month, but it tends to be surprisingly interesting. This week, in particular, has been anything but a “quiet week in Lake Wobegon!” This Notes includes an interesting chart of the “top ten” companies over the decades. Few rarely stay on the list from one decade to the …
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