November 2017 Newsletter

Heads up. There is a relationship between the value of stocks and interest rates.  And, this relationship is probably different than you think.  When yields

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October 2017 Newsletter

Be less anxious. While global growth has been tepid, during this period corporations have remained focused on lowering expenses and thereby enhancing returns to shareholders.

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August 2016 Newsletter

August 2016 Newsletter Fear and Promise and the Equity Risk Premium: 2016 Relax; that is, become less taut. A recent survey by Credit Suisse has

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Late June 2016 Newsletter

Late June 2016 Newsletter Sometimes the equity research guys nail the bigger-issue: good news and bad news. At least that’s my attitude when they bring

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June 2016 Newsletter

June 2016 Newsletter Regarding the stock market: The roller coaster ride continues to be a tug-of-war between TINA, There Is No Alternative to stocks and

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April 2016 Newsletter

April 2016 Newsletter The Ball is in the Fed’s Court Account values are up nicely after the S&P 500 experienced two 14% corrections over the

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March 2016 Newsletter

March 2016 Newsletter Correlation of Oil and the S&P 500 is About to Deliver Hope Notes on the direction of oil and the equity markets:

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December 2015 Newsletter

December 2015 Newsletter Happy New Year! What a roller coaster ride of flatness in the S&P 500 for the year 2015. Yet despite short-term negative

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August 2015 Newsletter

August 2015 Newsletter So the boogie man exists and his name is China. A month before the Chinese President, Xi Jinping, is set to visit

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