Market Commentary 2/03/2018

Market Commentary 2/03/2018

As I write, the Dow Jones Industrial Average is down over 500 points. I have a one-word response to the drop today. That word is, “FINALLY!” The market just finished producing the best performing January since 1987. Some weakness (we are not done with the selloff yet)...
Market Commentary 12/15/2017

Market Commentary 12/15/2017

The topic of Bitcoin is now starting to pop up in conversations with clients as well as my neighbors and family members. Bitcoin is the “topic de jour” (Just watch 5 minutes of business news and you will know what I mean.) The discussion over Bitcoin is only going to...
Market Commentary 12/07/2017

Market Commentary 12/07/2017

In the past week, the Dow Jones Industrial Average® (“DJIA®”) has rallied over 600 points. This has been a kind of Teflon market that has persistently defied all the skeptics. Despite a bevy of negative headlines, fears of global conflict and questions over whether...
Market Commentary 8/20/2017

Market Commentary 8/20/2017

The news flow has finally begun to weigh on equity markets. Concern is building that President Trump is damaged (self-inflicted or not) and will not have the political capital to push through any of the reforms he promised. He seems to have lost the support of...
Newsletter, July 2017

Newsletter, July 2017

July 3, 2017 QUARTER IN REVIEW For the second time this year, the Federal Reserve raised its benchmark interest rate during the 2nd quarter. Additionally, the Fed announced plans to reduce the balance sheet it expanded in response to the Financial Crisis. Corporate...
Market Commentary 5/9/2017

Market Commentary 5/9/2017

Equity prices have been stagnate for several weeks lingering near all-time high levels. This sets the stage for any slight move higher in stock prices to bring about a “new all-time high”. So, in other words, the latest all-time high that is written into the headlines...