May 2021 Newsletter

It is time to consider a revaluation period for stocks.  During such phases market volatility increases. Value stocks tend to outperform growth stocks.  Price-to-earnings multiples

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April 2021 Newsletter

Global Warming Rush and Capital Spending The world is in a rush to reduce global warming. Billions are being spent on a solution. So, follow

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March 2021 Newsletter

Munger on the Markets When one of the richest and oldest active investors on Wall Street speaks out, it is worth noticing…especially when his perfunctory

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January 2021 Newsletter

The massive increase in federal fiscal-deficit spending during 2020 and now planned for 2021 will create several unintended consequences.  Most immediate is the recognition that

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August 2020 Newsletter

Sometimes it feels like the world is changing faster than reports get to you. There are so many significant issues affecting the financial markets, interest

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Recession or Recovery?

So, which is it, recession or recovery? On June 8, 2020 Yahoo Finance posted an article whose headline read, “The US Economy is Officially in

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June 2020 Newsletter

Just the Facts Daily Covid-19 deaths have been cut in half over the past six weeks but remain elevated. Miles driven and retail purchases have

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