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Market Comment - December
During the past four weeks, rising interest rates put a break on the stock market rally. Investors have been deceived by recent inflation...
Jan 16, 20252 min read


Market Comment - October
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today. Predicting the economy is one...
Nov 14, 20242 min read


Market Comment - September
On September 18, the Federal Open Market Committee shifted its focus from prices (inflation) to jobs and announced a most anticipated...
Oct 15, 20243 min read


Market Comment - August
Investors have a well-known history of being either overenthusiastic or overly fearful. By comparing the volatility of earnings with the...
Sep 10, 20243 min read


Market Comment - July
The idea that we might one day send any object into space, let alone put men into orbit, was long regarded as preposterous. The...
Aug 13, 20243 min read


Market Comment - June
While most equity indices traded flat to slightly lower in June, the technology-heavy Nasdaq continued its meteoric rise, helping the...
Jul 14, 20242 min read


Market Comment - May
High conviction is leading to big bets. To quote Mark Twain: “It ain’t what you don’t know that gets you in trouble. It’s what you know...
Jun 13, 20243 min read


Market Comment - April
The hardest part about investing is the waiting. As Charlie Munger of Berkshire Hathaway said,“The big money is not in the buying and...
May 12, 20242 min read


Market Comment - March
The last six months have provided excitement around the virtues of simply staying invested in the equity market at all times, as timing...
Apr 11, 20243 min read


Market Comment - January
Equity markets continue to grind higher, with fewer and fewer stocks participating in the rally. Barron’s magazine recently noted that...
Feb 14, 20242 min read
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