Good News is Bad News

Thursday, 08 February 2018 by

This week witnessed one of the largest selloffs in the market since 2011. CNBC couldn’t have been more giddy. Perceived fear and panic equal increased ratings. And television news is NOT about relevant information. It is about ratings. Even our own local meteorologist tweeted about the selloff on Monday: Proving that meteorologists should stick to(…)

Cruel Expectations

Wednesday, 10 January 2018 by

Twelve months ago, approximately one half of U.S. voters were fairly certain that the election of Donald Trump as President of the United States would bring quick havoc to the financial system. If stock market performance is a barometer of presidential performance (it isn’t), those voters were wrong. At least, so far. In fact, 2017(…)

Although there might be a remote (extremely remote) possibility that Bitcoin could someday become the predominant worldwide currency, we feel until there is a likelihood that Joe Schmo could easily use it at the drive-thru to pick up a cheeseburger, its adoption by the common person will be stubbornly slow outside the nerd-world. There is(…)

One Year Later

Friday, 10 November 2017 by

One year ago, millions of Americans went to the polls and voted against their least favorite candidate. And although more people voted against Trump, the Electoral College once again kept our country from being ruled by California and New York. Just prior to the 2016 election, we wrote in our November Investment Commentary, “Calm Before(…)

Black Monday

Thursday, 19 October 2017 by

Thirty years ago today, the U.S. stock market experienced the biggest single-day decline in history. On Monday, October 19, 1987, the Dow Jones Industrial Average (DJIA) plummeted 23%. That day has since been referred to as “Black Monday.” To put that into perspective, the previous largest one-day sell-off was on a Monday in October 1929.(…)