Markets in Great Transition – Q1 2020

We write to you here at the end of the first quarter amidst financial markets in great transition.  Of course, the battle against the coronavirus walloped financial markets in the quarter, but the initial period of indiscriminate selling has passed.  With asset prices down significantly and better data on cases and deaths from early hot […]

Turning the Ten-Spot – Changing Themes in the New Decade

Dear Clients and Friends of the Firm: To some of us as kids, and maybe some of us still, there is something compelling about seeing a big digit roll over. Your author can remember a road trip watching with anticipation as the ten-thousand spot rolled on my dad’s 1973 Ford Galaxy 500. A great lumbering […]

Financial Market Reflections Since the Election

As we all head into the Thanksgiving holiday in the wake of the historic election, we may expect some difficult dinner table conversations among differently-minded friends and family members. While we can’t ease that process, we can offer our observations and thoughts about what Trump’s election has meant and may hold for the economy and […]