The Kitchen Sink

If I’ve learned anything in the last few weeks, I now know what the Federal Reserve’s kitchen sink looks like! Since mid-March, in response to the worldwide COVID-19 crisis, the U.S. Federal Reserve has not only reduced the level of overnight interest rates to zero, but they’ve also revived many…

Markets Don’t Wait

There were two distinct phases to the first quarter. The first was characterized by an equity market surging to all-time highs. This phase quickly faded into what seems like a distant memory following the emergence of COVID-19 as a global pandemic, largely shutting down the global economy. Financial markets were…

First Quarter 2020 Market View

During these challenging times, we want to stay fully connected with you. With this in mind, we’ve collected your most frequently asked questions about coronavirus, the economy, and the markets during the past quarter, and we’ll use this time to answer them together. We’ve broken this Q&A session (which was…

The “everything” rally

The equity market rally picked up steam in the final quarter of the year as investors cheered a deescalation of trade tensions with China, signs of bottoming economic data, corporate earnings results that were better than feared, and the Federal Reserve’s third interest rate cut in 2019. The S&P 500…

Expect the unexpected

Calendar 2019 was an interesting and unexpected year in the fixed income market. After four interest rate increases in 2018, it was widely expected that the Federal Reserve would continue to tighten the money supply in order to regain a “normal” interest rate yield curve. Entering the year with the…

Our 2020 vision

Given that the stock market generally discounts events at least 6 months in advance, summer is the time for judging the upcoming market year. Investors are turning their focus to 2020 - particularly prospects for world economies, corporate earnings and interest rates. There are four major economic factors driving market…

The Fault is ours, Ray

According to Forbes Magazine, Ray Dalio, founder of Bridgewater Associates, is America’s second richest money manager. He trails only George Soros in the pantheon of hedge fund “masters of the universe”. Dalio appeared last month on CBS “60 Minutes” to lament the demise of the American dream. He called inequality…

The Fed’s in waiting mode

With a third of the year over already, much of the market volatility encountered in late 2018 is fading in the rear-view mirror. While the China trade dispute has reemerged recently as a top risk for investors, markets are still generally positive for 2019. Brexit and uncertainty about future Fed…

Vladimir Ilyich Trump

“The issue of paper money is the worst kind of compulsory loan… It worsens the conditions principally of the workers, of the poorest section of the population.. It is the chief evil in the financial confusion.” —Vladimir Lenin No stranger to institutional thievery, Lenin would have no trouble recognizing the…

 Estate Planning Myths and Tips

Register for Estate Planning Myths and Tips on Jul 21, 2020, 12:30