Our Thoughts

This paper is fairly technical, my apologies. Additionally, there is content that you may find alarming. It is not there to scare you because this could be a long way off. It is meant to bring things to forefront as we navigate high asset prices and may leave gains on table in the short run… READ MORE

The debate surrounding recession and soft landing continues.  Mind you, professional economists are notoriously bad at predicting recessions.  Why would we be any better?  However, even if you can’t predict a recession, you can at least examine the data and determine if one is within reason based on that data.  We highlight a few items… READ MORE

My writings typically focus on stocks and bonds, however with recent cracks in the banking system in March and extending into May, I want to give you my thoughts on the future landscape. I will keep my concentration on the big picture and just to a couple of pages as this issue of banking and… READ MORE

Trying to put into context performance for clients is always challenging.  Advisors want to know how they did versus known benchmarks.  We call this relative performance.  Advisors know the only way to escape losses is to just not invest.  Many market timing methods offer another set of challenges too lengthy for discussion in this paper.… READ MORE