Commentary

Engine Room Telegraph
Quarterly Investment Commentary
January 8, 2021

Forward

In fairness to 2021, the new year was set to start off with a set of unreasonably high expectations that somehow all the problems that beset 2020 would magically disappear at the stroke of midnight on December 31st.
Vision Test
Quarterly Investment Commentary
October 6, 2020

20-20 Vision

It’s been quite a year so far between the global pandemic, global recession, fires raging on the West Coast, hurricanes on the East Coast, and a political circus in Washington unlike anything we have ever seen. With the pandemic still spreading, the president in recovery, and the election less than a month away, it still feels that we have a long way to go.
Bull Coaster
Quarterly Investment Commentary
July 7, 2020

Too Far, Too Fast?

Global financial markets have staged a remarkable rebound from their depths in late March. A combination of deeply oversold conditions, extraordinary monetary and fiscal support from central banks and governments and hopes for an economic recovery as infection rates were curbed and businesses started to reopen, have all led to an impressive rebound in the prices of most risk-oriented assets during the second quarter.
Across the valley
Quarterly Investment Commentary
April 7, 2020

Across the Valley

Only three months ago, people were ringing in the new year and decade with a sense of cautious optimism. The U.S. economy was strong and the global economy seemed to be improving, especially on the heels of a trade agreement with China and new NAFTA deal with Mexico and Canada.
Stock Chart on Monitor
Special Investment Update
February 27, 2020

Special Investment Update

The financial markets have finally decided to worry about the Coronavirus (Covid-19) and its impact on global economic growth. Over the past week, investors around the world have sold stocks and other risk assets en masse and rushed into safe haven assets like gold, Treasury bonds and cash.
2020 Welcomes You
Quarterly Investment Commentary
January 8, 2020

Milestones

The turning of a calendar year as well as the passing of a decade are milestones that offer an important opportunity for reflection: a chance to take stock of the past and to look forward to the future with fresh perspective and purpose.
Hurricane Donald
Quarterly Investment Commentary
October 7, 2019

Hurricane Donald

Hurricane season may be over in the Atlantic, but is in full force in Washington, London and other political capitals. A lot of the questions and concerns that we are hearing from clients lately relate to the current stormy political situation and its potential impact on markets and their portfolios.
Glorious Summer
Quarterly Investment Commentary
July 8, 2019

Glorious Summer

The longest days of the year are already behind us. There is still plenty of summer left, but the daylight hours will start to fade at the edges as the Earth completes the back half of its annual orbit around the sun.