October 2018

Federal Reserve Chairman Powell said just last week that the United States is experiencing a remarkably positive set of economic circumstances. ISM non-manufacturing report for September came in at 59.8 a mere 2 points lower than the record setting number for August....

July 2018

Struggling, flat, messy, puzzling…… a few words I use to describe the U.S. stocks market for the first half of 2018. Ironically the U.S. economy is humming. Sometimes the economy and stocks are in lock step with each other. Unfortunately the last 5 months hasn’t been...

April 2018

August 24th 2015 the S&P experiences a one day sell off of 4%. Volatility is back. It has essentially been absent from the landscape for more than 2 years. Some are confused, most feel some level of concern and there are others that are convinced this is the...

January 2018

Those of you that have read past market updates know that I spend a good deal of time reading regular publications written by some of the most respected economists, renowned private money managers and global market analysts. I do this to objectively take stock (no pun...

December 2017

Flattening yield curves, stock valuations, and yield spreads. I’m amazed how often I’m asked for my take on any (and there are others) of what I refer to as buzz phrases. Don’t get me wrong, it’s the world I live in and for those interested I’m more than happy to...

September 2017

Not a day passes that I don’t receive email or some form of solicitation from a private money manager or mutual fund company touting their product or service telling me how well they have performed over the past 6 months or year. Instead of receiving history reports,...