by Laurie Schroer | Dec 29, 2022 | Commentary
“If Santa Claus should fail to call, bears may come to Broad and Wall.” – Yale Hirsch The term “Santa Claus Rally” was coined by Yale Hirsch, author of the “Stock Trader’s Almanac”, and has been referenced by investors for decades. It is defined as the last five...
by Laurie Schroer | Oct 4, 2022 | Commentary
“The anointed don’t like to talk about painful trade-offs. They like to talk about happy ‘solutions’ that get rid of the whole problem – at least in their imagination.” – Thomas Sowell “Trade-offs have been with us ever since the late unpleasantness in the...
by Laurie Schroer | Sep 23, 2022 | Commentary
“You can observe a lot by just watching.” – Yogi Berra “A nickel ain’t worth a dime anymore.” – Yogi Berra “We made too many wrong mistakes.” – Yogi Berra We find ourselves in the midst of what historically is the worst stretch for stocks on the calendar. While stocks...
by Laurie Schroer | Jul 5, 2022 | Commentary
We expect stocks to rally from current levels. It is too soon to tell whether the rally will stick for more than a few percentage points but a meaningful low in stock prices is near. We still see a chance that stocks could put in a new low for the year but the...
by Laurie Schroer | Jun 27, 2022 | Commentary
“Never miss out on an opportunity like a good recession.” – Jack Welch “I’ve heard there’s going to be a recession. I’ve decided not to participate.” – Walt Disney The recession is upon us. We have revised our view that the recession would be a 2023 story and believe...
by Laurie Schroer | Jun 15, 2022 | Commentary
“There are no solutions. There are only trade-offs.” -Thomas Sowell “Goldilocks went upstairs. She lay down on the big bed and said, ‘This bed is too hard!’ She lay on the medium bed and said, ‘This bed is too soft!’ She lay down on the small...
