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Stay on Course

“In the short-term, the market is a popularity contest. In the long-term, the market is a weighing machine.” Warren Buffett 2021 is under way, as

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Market Commentary, 1/25/21

The Markets Last week, as COVID-19 vaccination efforts continued, there was speculation about stock market corrections and asset bubbles. On Sunday morning, Bloomberg reported 63

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Market Commentary, 12/21/20

The Markets Congress is at $900 billion, will they hear $1.4 trillion, $1.4 trillion, governments at $900 billion, who’ll go $1.4 trillion, $1.4 trillion… The

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Outlook for 2021

As 2020 comes to a close, we are already looking forward to a new year—and to a world very different from the one we’re leaving

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Market Commentary, 11/30/20

The Markets Last week, vaccine optimism immunized investors against signs of economic weakness. In previous commentaries we’ve written about narrative economics, which holds that popular

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Market Commentary, 11/9/20

The Markets It’s said markets hate uncertainty, but that wasn’t the case last week. Despite tremendous uncertainty about the outcome of the United States election,

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Election 2020 Is Undecided

The American people have voted, casting a record number of ballots under extraordinary circumstances, which is a testament to the enduring resilience of our democracy.

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Market Commentary, 10/19/20

The Markets It was a turbulent week for investors. Waves of positive and negative news buffeted financial markets last week: The financial sector delivered upbeat

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Market Commentary, 9/28/20

The Markets For four weeks, the U.S. stock market has sparked and sputtered like a campfire in light rain. Today, pandemic-driven demand is providing fuel

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Market Commentary, 9/21/20

The Markets Investors weren’t happy with central banks last week. After the Federal Open Market Committee (FOMC) meeting, Federal Reserve Chair Jerome Powell confirmed the

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Market Commentary, 8/10/20

There was good news and bad news in last week’s employment report. The good news was the U.S. Bureau of Labor Statistics delivered better-than-expected data

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Positive Territory

The battle versus COVID-19 continues. The spread in some of the recent hotspots like California and Florida is slowing, while states in the Northeast and

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Market Commentary, 6/15/20

–The Nasdaq Composite dipped its toes into record territory last week before retreating. Stock indices in the United States rallied early last week on optimism

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Market Commentary, 6/8/20

The employment report electrified U.S. stock markets last week. American stock markets responded enthusiastically to the news U.S. unemployment was 13.3 percent in May. If

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Looking Forward

As we look ahead to the summer months, we can’t help but think what a challenging year it’s been so far. At the same time,

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